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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 silverforeveron Sep 18, 2021 11:54am
326 Views
Post# 33883152

RE:As a shareholder, what do you prefer?

RE:As a shareholder, what do you prefer?Just based on these scare tactics, threats, timing, the ridiculous judgement  against San Pedro that is said to be "without merit and not supported by the evidence, facts or law", years of dragging it on and what looks like a planned and continuous attack on Excellon's stock price, this has the appearance of a
shakedown and extorsion more than anything else. As Excellon's CEO puts it "the product of rank corruption". Being a Corporate Lawyer and Excellon being an easy target for this corruption over the years, from stolen concentrate to threats to the company and its employees costing its shareholders a lot of money, Excellon's CEO should know it when he sees it. Whatever allowed all this corruption to happen, whether it be lack of company controls, poor 'Corporate Governess', whatever, Excellon's CEO and BOD own them and have the Fiduciary  Responsibility to protect shareholders  form them and do whatever is necessary to recoup the losses  incurred as a result of them. In this case, the resulting stock sell off has arguably cost Excellon's shareholders  US$80  million  and 
those behind, supporting and continually using it to lower Excellon's stock price should be held accountable for these loses. Excellon's CEO and BOD had  almost 2 years to develop and implement a plan to do this since the judgement against San Pedro was announced and that plan should already have been put into action. Per Excellon's CEO,  “We continue to pursue avenues through our labour, community and government relationships and are investigating remedies under international law". When these "remedies" are announced, Exellon's stock price should rise multiple times higher very quickly. Unfortunately it is taking Excellon's CEO and BOD a long time to do it.  
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