Bullboard - Stock Discussion Forum Excellon Resources Inc T.EXN

Alternate Symbol(s): EXNRF

Metals & Mining Silver

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

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Excellon Resources Inc > Is short trading behind this drop?

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Post by DaytonGuy on Feb 11, 2022 9:09am

Is short trading behind this drop?

I think naked short trading is driving down the price of EXN. Every buy at ask is driven back down on 50 shares. This doesn't seem like normal trading to me. I'm no expert, but just an observation. Legitimate shorts are to small to impact price.

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Comment by Nick2021 on Feb 11, 2022 1:30pm

I dunno if the shorts are naked or not, but there is a highly pessimistic analysis about the future of the company out there: IKN | Excellon’s (EXN) Death Spiral (iknnews.com)

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Excellon Resources Inc