RE:US Board Liisting Excellon's CEO wanted the company to be on the NYSE, Issued a statement on how great it would be for shareholders, put the company through a dreaded stock consolidation that shareholders paid dearly for and finally has the high trading volumes and exposure he wanted. IMO, he better deliver as promised soon or he will lose what is left of his credibility and reputation. With both silver and gold prices up over 12% from the day before the company originally announced it was going on the NYSE, this should be a piece of cake.
It was first announced Excellon was going the NYSE in a 24 Feb 2020 NR. The day before the NR Excellon's tock price closed at US $3.10, silver was US$18.62/oz and Gold was US$1616
Per Sept 2 2020 NR the day Excellon went on the NYSE
“Listing on the NYSE American provides enhanced access to the world’s largest and most liquid equity markets, which we believe will deliver exceptional value for our shareholders,” stated Brendan Cahill, President and CEO. “Both institutional and retail investors based in the United States will have significantly greater ability to invest in Excellon through more familiar platforms. With our Platosa operation offering direct exposure to ongoing increases in the silver price, our Kilgore project offering growth potential and leverage to gold in the excellent jurisdiction of Idaho and Silver City offering a near-term, high-grade silver discovery opportunity, we believe that Excellon will be a compelling story for American investors in this rising precious metals market.”