Excellon Resources Inc. T.EXN

Here comes the BOOM

[AngelEyes3]

Yes the shares moved up on a reverse split. But now here comes the boom!!! Investers hate reverse splits. They only work when the company has great earnings and their is a good reason for doing so. I hope I am wrong but this is what I have been fearing. Many investors will say enough and run for the hills. The company now needs great drill results and a higher silver price or we fall like a rock. I hope not since I am still in but I will not be along long if the shares fall below 5 dollars. I have had enough of this Management team. Once out I would never buy back in again their are many well managed companies out their and I totally regreat ever buying a share. For once I hope I am wrong but after doing this for most of my life I should have sold out years ago.

[Marine2]

Hello AngelEyes3 I feel the same way about this Management team and yes investers hate reverse splits ! The only way this works, is with a discovery at Silver City, "timing is everything". The share price will drop back if there is nothing feeding the story,, especially in EXN case. Nothing guaranteed here,, only thing that Management / Brendan Cahill may have

[JDFry]

Banking on Brendan Cahill -- is a losing strategy lol .. worst CEO of a company I've ever invested in.

[Lucentio]

If there is a find at Silver City  I would want to own Globex  GMX   who optioned the property to Excellon.

[AngelEyes3]

Both companies would benefit but yes you are correct the royalty is high in my opinion and Globex will benefit big time

[Marine2]

Is this the week we see results form Silver City ? Jul 9, 2020 Excellon is Drilling Silver City  View PDF EXCELLON IS DRILLING SILVER CITY Toronto, Ontario – July 9, 2020 – Excellon Resources Inc. (TSX:EXN, EXN.WT, OTC:EXLLF and FRA:E4X1) ("Excellon" or the “Company") is pleased to announce that an initial 15-hole diamond drilling program has