Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Bullboard Posts
Post by Stingray2000on Aug 23, 2005 11:07am
352 Views
Post# 9448142

EXN could be all poised for....

EXN could be all poised for...."The National Post reports in its Tuesday, Aug. 23, edition that BMO Financial Group analyst Donald Coxe is advising a fresh look at the mining sector. The Post's Lori McLeod writes that Mr. Coxe sees a wave of consolidation coming at big market premiums. He says interest from "deep-pocket bidder" China could help the entire industry focus its merger and acquisition strategy. Mining industry majors are reappraising their prospects, which could set off a round of consolidation "at significant premiums to current stock market prices." The sector should benefit from soaring demand from China, shrinking reserve life indices, and the strongest cash flow and balance sheet levels in decades, says Mr. Coxe. He says he does not have knowledge of any specific deals in the works. "We think China is licking its wounds today, but will be back having learned from its setbacks," says Mr. Coxe. This probably means bids for mid-sized mining companies. He points out China's strong capital spending program and the rapid growth of what will become the world's largest middle class. Mr. Coxe says if you want to make money in the mining sector, buy producing mines."
Bullboard Posts