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Excellon Resources Inc. T.EXN

Alternate Symbol(s):  EXNRF

Excellon's vision is to create wealth by realizing strategic opportunities through discipline and innovation for the benefit of our employees, communities, and shareholders. The company is advancing a precious metals growth pipeline that includes: Kilgore, an advanced gold exploration project in Idaho with strong economics and significant growth and discovery potential; an option on Silver City, a high-grade epithermal silver district in Saxony, Germany with 750 years of mining history.


TSX:EXN - Post by User

Bullboard Posts
Comment by LRM9on Mar 30, 2012 10:26am
234 Views
Post# 19738176

RE: Perspective

RE: Perspective

I believe the investing community has grown tired over the years with Excellon's management; even though they changed and added some management recently, they appears to be self- serving with a continued lack of interest to the common shareholder!!!

In fiscal year 2011, the administrative expenses have increased by 2.3M whereas the exploration cost have reduced by a relatively similar amount.....this is not my way of increasing shareholders value!!!! The buyback programme seems to be a big secret.....this money would be better spent at "drilling"....

Management better come out with NEW tricks to our benefit, otherwise the share price will remain at present levels or worst and we will move on with our investment!!!!

Bullboard Posts