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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: roto who wrote (33935)	2/25/2007 12:15:55 AM
From: maxncompany	Read Replies (1) \| Respond to of 78421

re: EXN........already quite profitable, more so than most silver producers. Big moment coming in early June 2007 when silver debenture over and done with. Will then be debt free, currently $15 or so million in bank. After June cash flow $30 million/year (at lower than current metal prices). Won't need to dilute. Working towards getting a mill (they've been using Penoles I think), though nothing official on that yet. Big thing for EXN is to keep increasing their resources, as they well know. They keep coming up with very high grade ore, though of course we impatient investors always want them to do so more quickly.