Excellon Resources Inc T.EXN

Alternate Symbol(s): EXNRF

Metals & Mining Industrial Metals & Minerals

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

Excellon Resources Inc

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Post by bigmoney14on Nov 11, 2011 9:30am

429 Views

Post# 19229221

EXN LOSING MONEY!!! INSANE!!!!!!!!

How bad is this...Silver is way up at $34/oz and Excellon can't even make a profit!!!!!!!

A loss of 1 million plus a loss in foreign exchange of $2.3 million brings the loss in at $3.3 million for the quarter.

I can't believe this.

Imagine if Excellon was NOT a producer.

Really disappointing.

Hopefully Silver doesn't drop because it will take Excellon with it.

Ex-Excellon shareholder.

BIG

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