RE:Excellon going forward
Hi Silver. You're right. This stock is severely undervalued. I found this in a column about Silver City.
The Cormark analysts Richard Gray and Brandon Smith rate the Silver City project from Excellon Resources (TSX: EXN, NYSE: EXN; FRA: E4X2) in Saxony at a flat rate of 45 million CAD. "If Silver City were a stand-alone company, we would be confident that the market value would be at least $ 45.0 million," said their report, which was released last Friday (November 19, 2021) following a site visit the previous weekend has been.
The company's low market value could lead to takeover fantasies. Imagine Keith Neumeyer from First Majestic or another elephant would show interest. Then there would be fire under the roof.
I keep buying