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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

Comment by silverforeveron May 08, 2021 11:36am
136 Views
Post# 33159753

RE:RE:RE:RE:RE:RE:RE:RE:Dafuq

RE:RE:RE:RE:RE:RE:RE:RE:DafuqOliver I agree with your statement about the Kilgore Property "It was cheap and it gives EXN a lot of opportunities , but it need`s time".  But most importantly it needs a good plan, direction and oversite to ensure it reaches its full potential. Based on past performances, Excellon's CEO/leadership may be perceived as being incapable of providing this and unable to develop the Kilgore property quickly, economically and in the best interests of its shareholders. The fear is Kilgore could go the way of  Platosa, whose resources have been mined and sold by Excellon for hundreds of millions of dollars over the years and yet  Excellon's shareholders have nothing but huge loses to show for it. In that respect, Kilgore is a big issue. The simple fix is put the development of the Kilgore into the hands of a successful mining company who's leadership has a track record of being capable, competent and credible and has a history of  successful mine development, profit generation and increasing shareholder value. To do this, Excellon could sell, option or lease the property or it can form a joint venture to/with such a company making a substantial profit and/or income in the process. Doing this  would result in  Excellon getting a much quicker and potentially much larger return on its investment then if it attempted to develop the property itself. This would also generate a lot  of other positives for the company, its stock price and its shareholders  which I previously listed.  
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