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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
Post by GOLD8888on Sep 07, 2006 8:42am
490 Views
Post# 11328428

What a difference 3 weeks makes

What a difference 3 weeks makesWhen only 180,000 tons were included on the resource filings, this stock took a nosedive that was very opportune for some investors. The tonnage included in this type of estimate is not that important in the bigger picture of things because: a). The incredible richness of the ore present to date. b). These mantos had to originate from somewhere, they did not just fall from the sky. c). The "rock star" of geologist is on the job, Peter Magrew and he always finds silver. However, because of August doldrums, the stock got pushed down to .70 Canadian. I was buying with both fists and glad I did. I plan on accumulating more if I can and will not sell a single share until at least the incredible assay results are released. In fact, on the correction that I see coming in silver, I hope to buy more in the low dollar range.
Bullboard Posts