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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

Post by Smelvinon Sep 07, 2023 8:06am
191 Views
Post# 35623547

When I first posted about Excellon…

When I first posted about Excellon…

I had mentioned that the debentures were seemingly tied to the assets in Mexico.....

given the lack of news regarding the debenture restructuring, and the earlier statements that the debenture holders may actually help finance the company, and the subsequent sale of Oakley, it now definitely seems as if the aforementioned will be the reality.

although I don't know anything, and it's just my opinion, I think the debentures and assets in Mexico are tied together, and Excellon is planning and has planned a future centered on 1,000,000 ounces of gold at Kilgore, and a successful spin off of silver city, which should be a nice reward for current shareholders, if all goes well.


 

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