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Excellon Resources Inc T.EXN

Alternate Symbol(s):  EXNRF

Excellon Resources Inc. is engaged in the acquisition, exploration, and advancement of mineral properties. The Company is advancing a portfolio of silver, base metals and precious metals assets The Company’s project portfolio includes Kilgore, Silver City and Evolucion. The Company’s Kilgore project is an advanced gold exploration project in Idaho. The Kilgore gold project is located in Clark County, Southeastern Idaho. The Kilgore gold project comprises 614 lode mining claims and consists of approximately 6,788 hectares (ha). The Silver City is a high-grade epithermal silver district in Saxony, Germany. The Evolucion property covers 31.28 square kilometers (31,280 ha) and 17 km of strike along the Fresnillo trend, a silver district.


TSX:EXN - Post by User

Bullboard Posts
Comment by eastofedenon May 11, 2006 9:55pm
574 Views
Post# 10835557

RE: Breakout inevitable!!-planeboy

RE: Breakout inevitable!!-planeboyI think this is an excellent point. I was talking to an associate at work today who has played the metal markets for years. He reads everything he can get his hands on, particularly techinical stuff. We were discussing gold/silver's current price, and his thought was that even if these two were to correct, stock sp's would not necessarilly correct...the reason being just as planeboy states it...many stock sp's haven't risen proportionately. I do expect the warrents coming due will all be exercised, and this will probably cause some short term decline, but that would suit me fine, because I would be delighted to pick up some more a little bit cheaper. After that it would be nice to see EXN run some more before the majors zero in on it. Good luck to all. Eastofeden. er.
Bullboard Posts