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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 24, 2023 10:05am
118 Views
Post# 35554090

RE:RE:the end

RE:RE:the endI agree there is upside on EXN but its hard to get upside if they go bankrupt because then the investors who buy the bankrupt company get the cheap assets not the existing shareholders.  Since there is no debt EXN should be able to survive but not guarneteed.  Seems like the vultures will pick over the remains through bankruptcy but if we do survive then this could easily be a 10 bagger based on properties.  Cahill still needs to be fired and wouldn't take a big position until he's gone.  
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