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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
Post by keeper6on May 06, 2020 4:15pm
182 Views
Post# 30994829

Sell Pressure

Sell PressureThe sell pressure doesn't surprise me, I've unloaded some and at a fairly significant loss (at least for me).  I think I'm not the only one either, look at the market lots of opportunity, I can't justify watching this stock spin on the spot while there are good buying opportunities elsewhere in the market.  Combine that with the fact these guys have proven they are pretty incompetent, they are consolidating of shares (which keeps getting closer to 1 for 10) and the lack of any meaningful positive news...  It makes no sense to miss the opportunities elsewhere in the market, significant solid companies are at low we may not see again for some years, to much to pass up.

I'm still in but with less shares so I'm still hopeful.

Cheers,
Keeper
Bullboard Posts