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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

Comment by Thales42on Nov 26, 2020 4:46pm
105 Views
Post# 31984640

RE:RE:why is Exn underperforming?

RE:RE:why is Exn underperforming?But why we have to wait for silver to reach $30 to Exn doubling in price? 

Why not tell Exn management that all what the market and shareholders care about are actual results and actual deliveries instead of empty,  good for nothing talks and long presentations that contain concocted trues aka misrepresentations or blatant lies.

Why can not Exn management  be held accountable for their promises of Platosa  doubling production to 4 million ounces and halving the AISC to US $9.  it is a sigh of weakness if we let the slimy Cahill conveniently forgeting yesterday representations and playing new shareholders like a Stradivarius. 

Knowing Cahill I am affraid that he will force Exn to embark on a series of catastrophic printing of new shares to meet exploration needs for several of the properties instead of finding ways to increase production at Platosa and cutting the AISC cost as represented.  With 4 mill production and $9 AISC, Exn will can afford to finance other projects. But this is a wishful thinking on my part.

As it stands, Exn should know its limitation and should seriously consider divesting of some of the properties or entering into joint ventures with capable miners.





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