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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 billm8192on Apr 23, 2013 12:18pm
164 Views
Post# 21290141

RE: RE: surface rights

RE: RE: surface rights

You are not misreading, in fact, Excellon initiated the legal action in Mexico to have those surface rights removed from the lease and reduce the lease payment by $600 k.  After our suit was filed and they learned of the filing the Ejido, assisted by Prodesc, filed a similar action in court.  Knowing this, it is interesting to re-read the original press release which made the court's decision sound like a big win for the Ejido..... no doubt that press release was penned by Prodisc....how misleading!

Bullboard Posts