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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

Post by Thales42on Feb 28, 2021 9:14am
239 Views
Post# 32680984

New Kitco Interview seen by 100K viewers

New Kitco Interview seen by 100K viewershttps://youtu.be/O8JFFK71PCc


Interview is worth watching for a number of reasons. Related to Exn is the overview of the six investing factors starting at the 13 minute mark. Only 5 percent of all projects make it into production.  Number 4 of factors affected future mining are environmental permits that could take for ever and thus effectively kill the project.  Last but niot least is the role of the Board of Directors, their experience and interest in the company. I sense we have a big problem in this department with a half of the Board pulling to "prioritize" KIlgore. This is lethal a recepe for disaster.  Maybe the board members with "vested interests" in Kilgore (whatever that means) just want to be bought out, the question is at what price? 


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