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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 Thales42on Nov 26, 2020 4:46pm
120 Views
Post# 31984640

RE:RE:why is Exn underperforming?

RE:RE:why is Exn underperforming?But why we have to wait for silver to reach $30 to Exn doubling in price? 

Why not tell Exn management that all what the market and shareholders care about are actual results and actual deliveries instead of empty,  good for nothing talks and long presentations that contain concocted trues aka misrepresentations or blatant lies.

Why can not Exn management  be held accountable for their promises of Platosa  doubling production to 4 million ounces and halving the AISC to US $9.  it is a sigh of weakness if we let the slimy Cahill conveniently forgeting yesterday representations and playing new shareholders like a Stradivarius. 

Knowing Cahill I am affraid that he will force Exn to embark on a series of catastrophic printing of new shares to meet exploration needs for several of the properties instead of finding ways to increase production at Platosa and cutting the AISC cost as represented.  With 4 mill production and $9 AISC, Exn will can afford to finance other projects. But this is a wishful thinking on my part.

As it stands, Exn should know its limitation and should seriously consider divesting of some of the properties or entering into joint ventures with capable miners.





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