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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 an epithermal gold deposit which covers over 6,788 hectares, located in Clark County, Southeastern Idaho. The Silver City Project, a high-grade epithermal silver district in Saxony, Germany totaling over 340 square kilometers (km2). The Company also has an agreement to acquire the past-producing Mallay Silver Mine and Tres Cerros Exploration Project in Peru.


TSX:EXN - Post by User

Comment by Thales42on Feb 25, 2021 11:21am
248 Views
Post# 32657994

RE:RE:RE:Platosa news

RE:RE:RE:Platosa newsMoonWatcher, you could be right it was Eric Sprott behind the forced marriage of Exn and Otis in 2019.  Otherwise how can one explains brandon's reaction during the December's Crux interview and the CEO slip when Matt grilled him to explain the shift of priority between Platosa and Kilgore. Brendan reaction was telling - he reacted by saying that the decision was not his but that of the board and he did not seem particularly happy.

A forced marriage could work sometimes, but most of the times it turns out to be a hell.  I can clearly see tension between the old Exn management and the new board loaded with ex-Otis people.  

Two good drilling results from Platosa since the start of the year.  If Platosa keeps turning high grades, that would support Brandon's case. May be that is why Exn announcement about 2021 exploration and budget is being put on hold.  I believe Brandan mentioned during one of his January media sessions that the announcement was quote, "imminent".

 
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