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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 Dec 21, 2020 8:28am
209 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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