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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 May 30, 2021 3:32pm
139 Views
Post# 33294345

RE:RE:RE:RE:RE:spreads themselves to thinly

RE:RE:RE:RE:RE:spreads themselves to thinlyPresent Exn is a zombie miner that should have been put out of its misery long time ago.  It is a value trap and a failing company  because the only meaninful project - Platosa - turned out to be a turd. as once heavily promoted Platosa is becoming a liability. as once heavily promoted Platosa is becoming a liability.   As the once heavily promoted Platosa is becoming a liability with a finate LOM, Exn reinvented itself by "diversifying".   After a decade of no discovery in Platosa and unable to replenish resources, Exn needed diversion and hence Silver City and Kilgore projects entered the fray.  Once Platosa was promoted as the sure bet with the next mega discovery "imminent", the tune now switched to"first miner" advantage in Germany  and or the lure of discovering 5 million oz high grade ounces in Kilgore.

If I had it my way, I would pass a law prohibiting zombie miners with history of serial negative ROI in bull commodity markets from trading. As for the charlatans in charge of such phony companies, I would force them to be personally liable for shareholders losses.    

  



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