Strategic Direction and 2012 Results I view the results and changes made very positively. Excellon is focused on all the right objectives: increasing production; being more selective in exploration; keeping costs down; doing a reverse split to put the shares at the right price to atttract Institutional investors, making the President CEO after he proved himself a worthy candidate by settling relations in Mexico and making 2012 a successful year despite being ildle for a full quarter. I am very bullish on this company as we move into 2013.