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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 a caldera-related epithermal gold deposit which covers over 6,788 hectares, located in Clark County, Southeastern Idaho. The Silver City Project is comprised of four mineral licenses totaling over 340 square kilometers (km2).


TSX:EXN - Post by User

Bullboard Posts
Comment by gildageon Oct 17, 2017 1:13pm
112 Views
Post# 26821769

RE:RE:RE:If you're looking for silver price leverage...

RE:RE:RE:If you're looking for silver price leverage...
"product sounds dangerous."...DUH!  It's a warrant!... that carries extreme leverage (like15x) to the price of silver(gold), and EXN mining practices...but given that EXN growth is now proceding according to the plan...and silver prices MAY have found a floor just below $17...and EXN share prices MAY have found a floor around $1.95-$2.05...(ie $.20-$.30 in-the-money)...,it may seem safer to some than other extreme forms of leverage.

All forms of leverage are dangerous. Use extreme caution when trading in leverage products. imho.
Bullboard Posts