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Excellon Resources Inc T.EXN

Alternate Symbol(s):  EXNRF

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

Comment by silverforeveron Dec 04, 2024 12:03pm
117 Views
Post# 36345335

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Excellon needs to be broken up and pieces spun out…. or JV’s

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Excellon needs to be broken up and pieces spun out…. or JV’s
We are now in the last month of 2024.  Gold and silver prices at near record highs and stock markets are setting new highs everyday. Yet Excellon's stock still is at near record lows as those running Excellon continue to miss target dates*, force massive stock dilution and make bad deals for its shareholders. Two key metrics for Excellon's success, 'Institutional Investment' and 'Insider Buying', are nonexistent. The latter being the most conspicuous and telling where they are really taking Excellon. Also, who knows how many of the 40+ million shares of Excellon stock they gave to Debenture Holders have been sold in the open market keeping its price down. These are not by accident and have caused  huge financial losses to Excellon  shareholders. 
 
*Missed target dates
  • Fundraise / recapitalization of Excellon (Q1 2024)
  • Value strategy for Silver City (Q2 2024)
  • Completion of Mexico operations strategic review process (end Q2 2024)
  • Kilgore drilling underway (Q3 2024)
  • Preliminary drill results for Kilgore 2024 drilling (Q4 2024)
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