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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 > EXN something for Gambler
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Post by OliverZ on Jan 12, 2022 6:26am

EXN something for Gambler

There i s nothing to see , only wishfull thinking on this board for a long long time . Sorry to say that but i was long enough in here and also hoping for the new Platosas ect. Kilgore is early stage the PEA based on the shallow Oxide material but now they need to go to the deeper Aspen formation , only limited drilling there so far, almost kind of new start will lead only to more dilution . silver City ?? only a few wide spread holes there so far in other words nothing ! agian money will be needed leads to more dilution because the elephant in the EXN room was and is the non profit Platosa mine and it looks like it will get even worse.
Sorry for all on the board and maybe some kind of miracle will happen , but this is not a investment anymore its pure gamble .
GLTA
Comment by DaytonGuy on Jan 12, 2022 8:29am
Oliver, if what you say is true, then we've been lied to by EXN management. I really don't know. EXN's silence does concern me though..
Comment by Marine2 on Jan 12, 2022 9:33am
Oilver You are right when you state, ""ts pure gamble"" That's why I say "Place your bet" The dichotomy here is EXN at $1.00 could be a good gamble as in becomming a $5.00 stock as for the reasons Silverforever pointed out! EXN will be forced to do something soon and has some good assets. M2
Comment by Oldguy67 on Jan 12, 2022 10:00am
Cahill has been kicking me in the nuts since the day he took over and like an idiot I kept getting up. I think the time has come to stay down. There is an outside chance for those of you looking at buying and I wish you all the best.
Comment by OliverZ on Jan 12, 2022 2:02pm
Everything is possible at this stage now, sure EXN looks far to cheap at first and maybe that is a good entry point for those who like to put a few $ on the table. But for the longterm shareholder its a shame to see what  happens here. i was out before the last drop but stil i took a hit simply not nice to follow that story. GLTA