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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 rktennon Apr 01, 2018 1:55pm
85 Views
Post# 27812074

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sprott and excellon

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sprott and excellonA couple of points have come up on the board. First don't listen to that Van Greyerz guy on King World News. Him along with 2 others, Stephen Leeb, and James Turk, are crazy in my opinon. I am as big as gold bug as the next person, but I would be thrilled with a 1400 or 1500 gold price. and these guys are forcasting 33,000 Gold, 500 silver, and they haven't been right for years. I pity any investor who has listened to them over the past few years. There will be no default on the COMEX, as someone here has mentioned could happen, as a re start. Anytime there could be a shortage at the Comex, the banks can borrow, (how lucky), as many ozs of gold or silver from the ETFs, by just throwing in an IOU to replace the gold or silver they take. And put it back at a later date. Will there be a re start, the stopping of shorting Gold and Silver price on the Comex in the future? Sure, the question is, will I be alive when it happens? Probably it will occur IMHO, only when a country, and not ours, goes after the shorts and stops them. Likely China or Russia. Finally, someone asked what would happen if Sprott decided to sell his EXN shares, which I don't think will happen. Sprott is chairman of Kirkland Lake Gold, and would likely have them buy EXN, if he wanted out. Just my humble opinion
Bullboard Posts