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Excellon Resources Inc T.EXN

Alternate Symbol(s):  EXNRF

Metals & Mining Industrial Metals & Minerals
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

Excellon Resources Inc > This needs to be resolved !!
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Comment by Marine2on Jul 28, 2022 4:01pm
273 Views
Post# 34858059

RE:RE:RE:This needs to be resolved !!

RE:RE:RE:This needs to be resolved !!Silver 

You state,

" taking San Pedro into bankruptcy, removing the US22.2 million 'provision' from Excellon's books and replacing it with a $1.5 million loss( San Pedro book value) and the problem goes away."

I wonder how long this (Sam Pedro bankruptcy)  will take, Q3 when the mine is shut down ?

I say cut and run as Sam Pedro is just a subsidiary, not worth $23 mill !

M2

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