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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 Sep 24, 2019 11:49am
145 Views
Post# 30159100

RE:RE:RE:RE:RE:Excellon signs option to acquire Silver City project

RE:RE:RE:RE:RE:Excellon signs option to acquire Silver City project
"historical silver production as compiled indicating a current day value of about five hundred million dollars as well as by-product zinc, lead, and fluorite"

It seems to me that when U can pick up a property worth $500,000,000 for less than $2 million, U got a pretty good deal...if the ensuing 43-101 resource estimate comes out on target!

This is more long-term stuff though. Personally, I'd really like to see short-term value proof, like drill results and EXN profitability at these silver prices. I would like to live long enough to enjoy some profit here.

Bullboard Posts