Excellon Resources Inc T.EXN

Momentum

[Maxsambas]

Some here do a pretty good job of emphasizing the potential negative impacts on the company. The low turnover on the stock exchange made for a particularly attractive purchase price. I think Eric Sprott paid 43 cents per share in 2016. After the 5 to 1 share split, his purchase price is 2.15. The current price is around 1.60. For almost all shareholders, the current market value is below the original purchase price. And now we have Kilgore, Evolucion, Oakley, Silver City and very good drilling results in Platosa ....... And central bank money printing is reaching new record highs. I am a shareholder and will continue to buy.. Thanks for the nice price.

[silverforever]

  "Eric S. Sprott, a 10% Holder, acquired 88,600 Common Shares on an indirect ownership basis for registered holder 2176423 Ontario Ltd. at a price of $1.748 on January 24th, 2018. This represents a $154,828 investment into the company's shares and an account share holdings change of 1.4%".   Todays price C$8.90. Eric S. Sprott, a 10% Holder, acquired 88,600

[Maxsambas]

even better. I am one of the positive clowns.

[Thales42]

LOL ... then that makes me the vigilante clown. I see the company value share destruction and then I think about the Board endorsing the Scheister-In-Charge with another salary pay hike. Do you know that he is paid at par with other miners CEO who are running mid-size profitable operations?  Given that each CEO is compensated based on company performance, does the Exn one really deserve the 1

[frankthetank007]

Thales I agree with you 100 percent Cahill is useless twit and doesnt deserve the pay.  I still don't agree that EXN will pay the 20 million.  For one they don't have the money and for second the Lien would of been on the San Pedro propety so if EXN doesn't pay the property would revert back to them and they would recieve every thing in San Pedro corporations bank account

[Thales42]

frankthetank007, the payment of the 20 mill damage award is clearly out of the question, as nobody, including the plaintiff, wants that.  Reverting land back to the plaintiff is I think also non starter because the plaintiff does seem to be after the money.   As I see it, the big question is, how much money, realistically speaking, will the plaintiff  be agreable to in

[Thales42]

There is something else. Exn spent $1.6 mill in the last quarter reporting in G&A and that is a cause for concern.  For a company the size of Exn the admin cost should be close to .2 million.  The fact that Exn spent so much money I think is on legal cost fighting San Pedro claim in court. Exn stated that they are looking for ways under Mexican and international law (?!!!) to contest