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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

Post by Thales42on Dec 25, 2020 2:29pm
225 Views
Post# 32182800

SILVER ADL 2021 PRICE PREDICTIONS

SILVER ADL 2021 PRICE PREDICTIONSAfter a morbid 2020, 2021 has to be a better one for Exn. The company needs some help and I think the spark will likely come from higher silver prices.  

SILVER ADL 2021 PRICE PREDICTIONS

The ADL predictions for Silver show two unique setups/peaks that are likely to prompt a much stronger price rally in 2021 than we see in Gold. While Gold continues to rally in a fairly consistent trend, Silver sees a rally phase in March through June 2021, then another rally phase in September through December 2021. You can see these drawn on the Weekly chart below as to “humps” in the YELLOW areas. Each of these peaks suggests that Silver will enter a phase where it will likely rally higher and faster than Gold. First, targeting the $33 to $35 level in May or June 2021, then targeting the $39 to $40 level in November/December 2021.

 

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