RE:RE:In StoreHi Silverforever,
i wrote that there is not too much in store for 2020 !!
Yes they have some nice assets now , and no doubt about the potencial of Kilgore imo .
But !! ( allways a strange but pop`s up ) we saw now most of the planed progress is done ,
Evolution update , NY trading , Platosa update ect. and we all know that EXN has not been part
of the sumer rally and still the SP goes down. With Silver at 24/25$ and the fact that they deliver
some good progress why there is no tailwind for EXN ?!
To make it clear i would not expect a dramatic run up because overall the market is in correction
mode , but ( again ! ) dive like this ??
I do not see that they will spin out Kilgore at any point as it is the best asset that they got.
Imo the will anounce sooner or later after a financing a drill program wich leads to a updated
PEA or even a PFS in 2021 so let`s say in 1 Year !! likley later spring 2022 ? !!
So for 2020 we have left the Nov.13 Nr`s and these should have been priced in allready after
the recent new`s , maybe a few $ cash flow nothing more i guess.
Last bet for 2020 results out of Silver City , if they are stellar like i wrote maybe it can help us out
or wait for 2022.
The last hope is Silver sky rocking......
I will not say that in 2 years we have a totaly diffrent story here but ( again ) to stay with the
money in here for so long in a begin of the bull market ??
GLTA