InvestorsHub Logo
Followers 26
Posts 2151
Boards Moderated 0
Alias Born 03/30/2004

Re: checkmate28 post# 32279

Friday, 04/08/2016 11:46:17 AM

Friday, April 08, 2016 11:46:17 AM

Post# of 35740
Excellon Resources EXN.T +20% again today. 4 Bagger for the year. Has to be the best performer on the Toronto or Venture this year

I think the market is waking up and Excellon is in the right place at the right time.

The turn around here was easy to see if you put in the DD.

Eric Sprotts investment validated the story and the value.

I called the company. They are entering the two high grade areas that will pave the way for a stronger showing Q1 and even stronger Q2.

Stage 1 of the de watering program was just upgrading all the current pumps to flow much more water that has provided positive results already.


They are currently working on stage 2 where they will dig the wells that will also have pumps. This is the set up that will bring the entire water table down throughout the resource area. This means no more flooding delays of grouting. They will be able to just go down and access the 2 high grade areas at 1200+ and 1777gpt.


If they get another couple dollars in the price of silver they will be able to start drilling immediately.

Checkmate28

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.