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Bullboard - Stock Discussion Forum 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 a caldera-related epithermal gold deposit which covers... see more

TSX:EXN - Post Discussion

Excellon Resources Inc > Re Platosa
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Post by Thales42 on Jun 01, 2021 7:08pm

Re Platosa

Silver, Platosa is not a zombie, it is the company and the management that are.  I just listened to Pierre Lassonde interview on Palisade Radio and picked up at somethining that relates to Exn.  Lucky Pierre described the diversification for the sake of diversification as Di-WORSE-ification and that is exactly what Exn is doing.  Cahill is a sharlatan, who like his Transilvanian predecessor is living on Exn shareholders' blood money.

     
Comment by silverforever on Jun 06, 2021 11:25am
In Excellon's case I believe it's 'diversification for the sake of diversion' from the company's past issues that questioned the company's 'Corporate Governess ' and  resulted in huge losses to Excellon's stock price. This diversification began on 24 Sep 2019 with the purchase of Silver City options. At the same time Excellon made ...more  
Comment by OliverZ on Jun 07, 2021 2:20am
I did start selling , this stock is dead and i see no hope in the near term. Good drill results at Platosa is more a must than a real win as they realy need to extend the LOM there. The AISC from 15-18$ was maybe a story before they face the water issues , i guess they will never come even close to that with the new set up, Silver City maybe a story in a few years, Kilgore ? who knows where are ...more  
Comment by silverforever on Jun 08, 2021 2:05pm
Did you think it was impossible for shareholders, of an established silver mining company,  with an active mining operation, located in the prolific silver rich area in Mexico, with the highest grade silver in Mexico,  with near record high production, at multiyear high silver prices and  more reported discoveries, properties and assets then ever, to lose 59% of their ...more