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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 minero108on Nov 06, 2021 6:19pm
189 Views
Post# 34096433

RE:Excellon's Market Cap

RE:Excellon's Market Cap
Since December 2019 I have had the pleasure of participating in this chat, and you can review it, in my few comments I have never published any lie, less a threat, my only purpose is to reveal the true.
I have always hoped that we reach a just solution, but with sadness I have seen how the company has missed many opportunities to reach an agreement, after many years for the first time they are trying to make a proposal that it seems like an insult to intelligence.
Since 2011 Excellon's contract was legally terminated and after a final sentence against Excellon, the company tries to not pay a penny, regardless of the economic and moral damage that it has caused, denying the right to enjoy a wealth and put in risk its shareholders, pretending  forget that since it has not complied with the payment and the return of the mine, it continues to accumulate interest and damages. 
I believe that Excellon is once again wasting an excellent  opportunity to end this litigation in this time when they announce interesting discoveries, but their negative to pay impedes that we all continue to work with a better chance to grow. I understand that any fair settlement will be difficult for the company, but something they will have to sacrifice after many years in the courts and with notable risks, it is childish think otherwise.
The proposal that we had agreed to negotiate after they contacted us in November, was in the sense of accepting a payment in judgment, renouncing to continue fighting updates, interests and a moral damage of which we have  rights, even more,  we were willing to negotiate deferred payments or other reasonable proposal.
A second proposal that the people who sent seemed reasonable was the delivery of the Evolution Project as full payment, a situation that they already analyzed that they could lose.
However, I think that right now Cahill is no longer interested in anyone's interests but the only thing he is looking for is to save his head.
Cahill shamefully represents a company with arrogance and indifference against the undoubted moral quality of a country like Canada that has values like respect, dignity and fairness.
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