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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 jcw604on May 01, 2020 10:24am
119 Views
Post# 30975735

RE:RE:otis. why so cheap?

RE:RE:otis. why so cheap?
Victoria Gold did a roll back after going production. Their roll back helped the share price. The roll back is not a factor that really affects the share price, but if you roll back because of poor performance, it hits you because you are trying to use roll back for future issuing of shares for financing. If Excellon can fund its exploration with its own profit, it really does not matter if they roll back or not. However, it operation performance is too bad to do that.
Bullboard Posts