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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, 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... see more

TSX:EXN - Post Discussion

Excellon Resources Inc > Excellon and silver prices
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Post by silverforever on Jul 24, 2021 7:46am

Excellon and silver prices

Timely article on silver prices "This certainly has the “look” of January 2016 and we all know what happened next"BTY, Excellon's stock price was up over 700% in 2016. The Cycle timing for Excellon's stock price next move up looks about right. IMO it would have started last year if not for a poorly timed and communicated  "stock consolidation" among other things that started a wave of selling of Excellon's stock taking it down to these ridiculously low prices and shaking out a lot of investors. Anyway, at these low stock prices and higher silver prices, the next % move up in Excellon's stock price could be a record breaker and that may have or will start soon if this article is correct. Link below.
 
Comment by silverforever on Jul 26, 2021 8:34am
Excellon's stock price showed strong relative strength last week, EXN up 20%, Silver Miners ETF (SILJ) down 15%, Silver prices down 18%. This happening ahead of the FOMC meeting this week which typically is bad for gold, silver and miner's stock prices and may be a signal the next Excellon's stock price uptrend is close to starting. This same type of strong relative ...more