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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
Comment by Newbernon Aug 07, 2019 6:32am
67 Views
Post# 30000550

RE:Management ?

RE:Management ?From where I am sitting management appears incompetent as they have not been able to fund exploration with silver production. They continue to make mistakes in mining Platoosa and transporting silver; then it takes time for them to sort out issues and develop a decent business plan. This is followed by raising more money and diluting our share value.

If management wasn't so arrogant acting and actually seemed to work for shareholders I would not be so concerned. But EXN smells of mismanagement. EXN needs seasoned management and not people learning their trade.

The only reason I am continuing to hold is that silver is rising with gold and I am confident EXN is sitting on more Platoosas. The question is though, can managment locate and define more resources. I am starting to question this.
Bullboard Posts