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Excellon Resources Inc T.EXN

Alternate Symbol(s):  EXNRF

Excellon Resources Inc. is engaged in the acquisition of advanced development or producing assets. The Company is advancing a portfolio of gold, silver and base metals assets including Kilgore, an advanced gold exploration project in Idaho, and Silver City, a high-grade epithermal silver district in Saxony, Germany. The Kilgore project is an epithermal gold deposit which covers over 6,788 hectares, located in Clark County, Southeastern Idaho. The Silver City Project, a high-grade epithermal silver district in Saxony, Germany totaling over 340 square kilometers (km2). The Company also has an agreement to acquire the past-producing Mallay Silver Mine and Tres Cerros Exploration Project in Peru.


TSX:EXN - Post by User

Bullboard Posts
Post by DrHolidayon Aug 17, 2006 5:40pm
475 Views
Post# 11241079

Grossly Undervalued!

Grossly Undervalued!Good posts, wmmc Dave4444 and frank. My concern is that the company is so undervalued relative to it's assets and intrinsic potential that there may be no provision in place to defend against a hostile or friendly takeover. It is way too early in the development stage of this amazing company to allow this to occur. As a shareholder investing for growth and potential dividends, it is important to allow the company business plan to be executed by this expert team of managers through organic growth. This will be achieved through the drill bit as well as postive PROFITABLE cash flow from the mining and production of HIGH GRADE ORE. What part of this have all of you failed to comprehend? Relax, you own the best. Remember the words and the revelations of the Precious Virgin of Guadalupe! Do not be consumed and roasted over the coals in the flaming pits of hell while turning on a spit! Those who failed to heed this warning have already been grilled to a crisp when they sold at much lower levels only to regret their decision when they saw EXN subsequently soar like an eagle.
Bullboard Posts