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Bullboard - Stock Discussion Forum 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... see more

TSX:EXN - Post Discussion

Excellon Resources Inc. > Is short trading behind this drop?
View:
Post by DaytonGuy on Feb 11, 2022 9:09am

Is short trading behind this drop?

I think naked short trading is driving down the price of EXN. Every buy at ask is driven back down on 50 shares. This doesn't seem like normal trading to me. I'm no expert, but just an observation. Legitimate shorts are to small to impact price.
Comment by Nick2021 on Feb 11, 2022 1:30pm
I dunno if the shorts are naked or not, but there is a highly pessimistic analysis about the future of the company out there: IKN | Excellon’s (EXN) Death Spiral (iknnews.com)
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