re EXN.T Excellon. The story there is the dewatering program that brought them into 2016 for a 10 bagger for my account is completed. They are currently mining in dry conditions in the (623 mantos) highest grade ore body they have. Going forward, starting this quarter, they will be producing about twice the ounces at half the cost. The dewatering CAPEX is paid for. They have the highest grade silver mine in the business with the 623 mantos carrying over 2000gpt of AgEq.
Basically they should be pressing for 4,000,000 oz AuEq when they are firing on 8 cylinders and cash flowing about $20 Million/year from current operations and $16-$17 Silver
They have huge upside on the exploration, as they were onto something back a few years ago and had to abandon due to POS dropping. They will take the cash flow and drill the huge CRD polymetalic resource they think they were onto, and look to acquire and asset on the cheap.
Top that off with Eric Sprotts recent insider buying and the King world News pump and I question the upside potential from here when compared to other opportunity's. I have a few carry over freebys so the coming financials will for sure be on my must see watch list.
Im onto a few companys cash flowing over a $20Mill/Yr rate with about 1/4th to 1/8th the market cap of Excellon. Just not enough time to post lately.
As to USA.TO Like you say the time is now. The Zinc coming on line is on the must watch list as well.
