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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

Comment by OliverZon Nov 26, 2020 1:35pm
102 Views
Post# 31982025

RE:why is Exn underperforming?

RE:why is Exn underperforming?I am not so sure Thales , i know some guy`s here are longterm sh and made there exp with EXN.

Beside the past i see weakness in the PM overall even with great results its hard to see big moves.

I talk about exploration comp. because thats what EXN is , in the best case a self funding exploration comp. and so far they achieve nothing if we talk about Kilgore, Silver City and all the other projects.
Imo we must wait for results which means only Silver City is in the cards as they will start drill Kilgore in summmer 2021 wich means we will have results maybe in fall 2021 not rly a reason to buy in now.
Q4 results also can/will help but its also a bit to go before we can see how low they can bring the AISC for Platosa.
Looks like we have to wait a long time here......if we not see Silver at 30$+
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