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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 gildageon Oct 17, 2017 1:13pm
113 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