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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, 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

TSX:EXN - Post Discussion

Excellon Resources Inc > What a turnaround in circumstances !
View:
Post by Marine2 on Jul 24, 2023 9:16pm

What a turnaround in circumstances !

What a turnaround in circumstances, "" holders of the Convertible Debentures"" willing to make deals and carry EXN,,, no folding of the Mexican assets !

"the same group of holders of Convertible Debentures are in discussions with the Company to provide bridge financing."

This sounds like Keep going for another deal or a civil  divestiture, merger or spin-offs of the Company's assets

EXN shares worth more then .12c  6 mo from now ?

M2
Comment by frankthetank007 on Jul 26, 2023 11:19am
What a cracy last week.  Bankruptzy looked guarenteed and then the Debenture holders flipped the script and are ready to bankroll the company.  The assets are amazing for a 20 million total market cap company which includes debenture.  Question really is can they get any value out of the assets they have.  Hard to get value when your not drilling or mining so they need cash and ...more  
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