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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 May 30, 2021 3:32pm
121 Views
Post# 33294345

RE:RE:RE:RE:RE:spreads themselves to thinly

RE:RE:RE:RE:RE:spreads themselves to thinlyPresent Exn is a zombie miner that should have been put out of its misery long time ago.  It is a value trap and a failing company  because the only meaninful project - Platosa - turned out to be a turd. as once heavily promoted Platosa is becoming a liability. as once heavily promoted Platosa is becoming a liability.   As the once heavily promoted Platosa is becoming a liability with a finate LOM, Exn reinvented itself by "diversifying".   After a decade of no discovery in Platosa and unable to replenish resources, Exn needed diversion and hence Silver City and Kilgore projects entered the fray.  Once Platosa was promoted as the sure bet with the next mega discovery "imminent", the tune now switched to"first miner" advantage in Germany  and or the lure of discovering 5 million oz high grade ounces in Kilgore.

If I had it my way, I would pass a law prohibiting zombie miners with history of serial negative ROI in bull commodity markets from trading. As for the charlatans in charge of such phony companies, I would force them to be personally liable for shareholders losses.    

  



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