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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
Comment by Alchemist7on Jun 04, 2012 12:23pm
494 Views
Post# 19977732

RE: RE: Jeremy Wyeth's Resignation

RE: RE: Jeremy Wyeth's Resignation

The N/R states that Peter Crossgrove will take over as CEO in the "interim".  Doesn't voting have to occur for finality?

Going back in time, is this the same Peter Crossgrove who was with West Timmins Mining years ago??  I did very well with WTM , so I'm not ready to condem EXN yet.  The company has too much going for itself.  If EXN can clean up all the labor problems in Mexico, and convince some needless regulators to "get out of it's way", maybe some REAL progress will happen about the time the U.S.dollar breaks down and Silver heads toward higher levels.

Of note? The Market seems to like the idea.  It's been a while since I've seen .60.   For myself, I have not sold and will continue to buy on dips.

As Always, Best of Luck

Alchemist7

Bullboard Posts