Post by
frankthetank007 on Apr 03, 2023 10:39am
big victory to unlock the value
This is so big for the company as it now free's up Platosa to ship ore to La Negra mine to mix in with the existing mine ore. Would be smart for the company to sell one of their other projects as Mexico is so much closer to production then any of the other 3 projects. SHould see a re rating of the stock once LaNegra closes. La Negra was Aurcana's cash pig last precious metal bull run and if they combine the Platosa ore with the non unionized miners we could be profitable by the end of the year. Can't believe EXN looks like its getting through its dark ages time
Comment by
silverforever on Apr 06, 2023 2:09pm
I agree. Platosa and LaNegra would both be making some serious money at $30 to $50/oz that may be coming soon per link below. Platosa mining operations could be started up quickly, La Negra mining operations would follow. https://blog.smartmoneytrackerpremium.com/2023/04/silver-setting-up-for-a-run-to-30-and-maybe-50.html
Comment by
silverforever on Apr 13, 2023 11:00am
If Silver prices were in that range, I would think Excellon would be able to use third party mill to process Platosa metals like it did pre Silver Eagle purchase and still make a good profit before La Negra startup.