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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 frankthetank007on Jul 20, 2022 12:21pm
141 Views
Post# 34837386

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New president, CEO July 28, 2022 !!

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New president, CEO July 28, 2022 !!Hi Dayton,  If we were in Canada there would be no bankruptcy because the subisdary would go bankrupt and the property would go back to the previous owner but in Mexico no one seems to know how the corporate law works there. How a small property in a corp  bought in 20008 can take down the Platosa mine (worth 50 million ) is beyond my knowledge of Mexican corporate law and obviously was well beyond Cahill too.  I don't know how the previous owner just doesn't accept 1 million dollars and the property back is a great deal for the guy.  He can sell the property again plus get all the money he was going to get in the first place.  Funny how one bad decision can take down the whole company when you have incompetent management.
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