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Gold and Base Metal Projects (Ontario and New Brunswick)

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Message: New CEO Interview with Mike Taylor

Hi, teedot!

I fully agree that financing for all resource companies, when there's absolutely no market whatsoever for them is undoubtedly an issue. Financiers will truly be pulling the strings, and all companies going to the markets are facing huge dilution, given the weakness in their share prices.

How this relates to SLAM, I'm not really sure, but hope to find out in the next week or so. Questions that I have are:

Will there be any funds remaining after the current drill programs?

How much financing do they envision the scoping and feasibility study to require?

I feel that once they have a bankable feasibility study, then there will be a lot more options with regards to financing (capex for Nash development) such as credit facilities from a "financing house", selling a minority interest in the property or an nsr (net smelter royalty), etc..

I guess time will tell. Until then, there's plenty of assays to await from Opikeigan/Fort Hope, Costigan and Nash.

Have a great long weekend!

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