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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 OliverZon Mar 01, 2020 9:28am
91 Views
Post# 30752580

RE:RE:RE:RE:RE:Why now ? Why EXN ?

RE:RE:RE:RE:RE:Why now ? Why EXN ?I agree with most of the points that you made.
So the hope in this story can only be the chair Agnico get`s on the board.
I hope that it is more or less a Agnico / Sprott deal on the long way otherwise it makes no sense to go along with EXN as Kilgore is maybe not THE amazing story yet , but still they showed something nice so far and i heard no other comment . Otis has been only one step away from a much better PEA by only doing some infill drilling and another test of the aspen formation at depth. Multi M Oz ? maybe not yet but i think its not to much to say that they could achieve something like 1,2M to 1,3M in both cat.by end of 2020  easy and in doing that stretch the LOM to may 6/7 years wich would make a big diffrent to the Base PEA  in any way`s.
Otis got a smal interest in the Arnett propertie , sold to Revival , its worth 2M if Revival will buy it down ( what i believe they will do one day ) plus the large  100% ownership Oakley projekt as another exploration play with a infferd resource about 160k.
If i see all that , the prise for EXN was more than cheap.
But again i hope that Sprott/Agnico will drive the car and in that they will bring all in what is needed to develop all this projekt`s .
Bullboard Posts