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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 silverforeveron Jun 13, 2021 10:50am
167 Views
Post# 33379184

RE:RE:RE:EXN Idaho property some day ????

RE:RE:RE:EXN Idaho property some day ????Oldguy67.  Although retail shareholders have lost a lot of money, others have done quite well from Excellon's stock price being  driven so low and being held there. This includes; Excellon's CEO, BOD and anybody else who is and has received more stock as compensation, stock options, bonuses, etc due to its stock price being so low, short sellers,those who bought stocks at these low prices from shareholders who have been forced into selling and those who's plans are to  drive the stock price down to take over the company, take it private and keep or sell its assets for a profit. It possibly could be the same people involved in all of these. Since the large  shareholders seem to have done nothing to fix the problem  and they are probably not stupid as you pointed out, they may easily be perceived to be involved in any or all of these activities. This is part of the baggage the company carries I mentioned previously.  IMO, if they do replace the CEO as an example, they will prove this perception wrong and take the monkey, so to speak, off Excellon's back. If they do nothing this perception may be reality.  
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