Excellon Resources Inc T.EXN

Excellon's stock's relative performance

[silverforever]

Excellon's stock  is finally starting to outperform the silver mining sector stocks in general. Last week EXN was up 11% while SIL was up 7% and SILJ was up 8%. Since 11 Feb, when EXN hit a 52 week low, it is up 44% while SIL is up 4%  and SILJ is up 13%. From the last trading day in January, EXN is up 31%, SIL is up 11% and SILJ s up 24%. 

[silverforever]

Excellon trading on NYSE near first threshold of US$1, should see some heavy volume buying here.   

[Marine2]

silverforever What do you make of EXN sudden jump 20- 30 % ? Is this just market or some other news ? M2

[silverforever]

Hi Marine. I think it is Institutional and ETF buying back stock they had to sell when Excellon's stock got below US$1 and US$2 thresholds either set by themselves or regulators. I think the reason Excellon's stock dropped below those numbers were tax loss selling and selling induced by predators who wanted the stock price down for whatever reasons. Like I stated previously, Excellon's

[DaytonGuy]

It was fun while it lasted, but it didn't, of course. I do believe there are those who want it down below fair value. Imo.