Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 hisandloson Jul 05, 2021 10:50am
185 Views
Post# 33492569

RE:RE:RE:RE:RE:RE:RE:RE:RE:Excellon unit loses appeal !

RE:RE:RE:RE:RE:RE:RE:RE:RE:Excellon unit loses appeal !Old news built in since the end of 2019.    This is Mexico and the legal system is very different than 

what we are used to in North America.    It is an ongoing issue and Excellon still has options.   In

reading the press release it is stated that the decision was upheld but it does not say what damages

the court has approved.  It could be significantly less than the original award.   I am fairly positive

that by the time this is all over it will have minimal impact on Excellon in my humble opinion.   Every 

one looking to make a buck here  ...  the way of doing business in Mexico.   Excellon still an extremely

undervalued company for what they have  and  very leveraged to the price of both silver and gold which

in the end  ...  is what will count.   There just are not that many silver producers and when all this 

money starts flowing into the precious metals sector  there just is not enough to go around.  Excellon

also having a very very tight float  with  shares held tightly is not going to move down on this news.
<< Previous
Bullboard Posts
Next >>