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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

Comment by Thales42on Dec 21, 2020 8:28am
205 Views
Post# 32151219

RE:RE:Seeking Alpha Articel by Taylor Dart

RE:RE:Seeking Alpha Articel by Taylor DartYou say Taylor Dent dislikes Exn/ Exn management; I call it no sugar coating. 

Regarding Taylor not covering Silver City, how can you assign value to  an exploration project that is probably 3 to 5 years down the road? And how do you put value of Silver City when we have not seen any drilling results? Remember that Exn management sold Silver City as MULTI-KILO silver per ton sure bet.  We will believe it when I see it.

More importantly, both Silver City and Kilgore projects will require substantial financing next.  How is Exn to raise working capital for these projects?  Cahill stated during Crux interview that Platosa will generate sufficient FCF to finance other operations. This was a blatant lie and insult to any Exn shareholder.  Instead of speading BS Cahill should be asked to answer  the following question - WHY EXN CAN NOT DOUBLE PLATOSA PRODUCTION AS PROMISED?

Marry Christmas and New Year wishes to Excellon long suffering shareholders and Excellon with the notable exception of Cahill.
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