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

Re: rrten post# 32802

Monday, 10/24/2016 12:47:25 PM

Monday, October 24, 2016 12:47:25 PM

Post# of 35713
RRTEN RE EXN Excellon. You asked

Since they are drilling looking for the CRD, and if they find what they are looking for, this could re rate EXN much higher, if they have a massive deposit on their hands.
Do you think EXN will not find it now?


Yes the CRD is there for Excellon. They will find it and it will be rerated. I lightened up just from a valuation stand point and I could easily be wrong. EXN was up and USA was down. USA looks like it is about to turn the corner and improve its reputation and outlook. I was banking on seeing something when the numbers come out. Having said that, it has been a turd and could lay lifeless for 3 months while EXN comes out with a discovery and increased production with lower costs. I could easily decide to add EXN if I see it go down near 1.65

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.