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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 Apr 28, 2021 7:43am
205 Views
Post# 33080829

RE:RE:RE:RE:RE:RE:RE:This effing stock......

RE:RE:RE:RE:RE:RE:RE:This effing stock...... If you look at the historic chart you will see that Exn traded in a $10 to $12 range back in 2018. Then Exn was heavily promoted as the next 4- 4.5 million silver producer at $9 production cost.  The current CEO made multiple representtions to that effect and the market responded. I bought Exn shares in all of my accounts and I am paying the price ever since. I sold most of my positions at a loss and intend to exit at higher share price.

Over the years have learnt a lot about this company and the current CEO and what I know abot Exn and the scheister in charge is not flattering. The only way to make money in Exn is if you a momentum/day trader - load shares on a down day and unload when silver moves up.  The scmuck in command  just voted for $100,000 salary increase when the company trades at 40 percent of its previous value.  Shareholders are the big loses - if this is not a definition of a modern day Ponzi scheme, then I fail to see what is.

Some miners mine their properties while others mine shareholders pockets. I happen to believe that Exn is in the latter camp.   

 
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