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Gold/Mining/Energy : EXCELLON (VSE:EXN). The Next Big Mexican Silver Play? -- Ignore unavailable to you. Want to Upgrade?

To: Tom Cat who wrote (34)	1/30/1999 10:48:00 PM
From: s.jennings	Read Replies (2) \| Respond to of 126

Tom Cat, SIL didn't move because it has an entirely different type of following. SIL never mentioned that they were doing this drill program and probably won't even release the results. Info will come from EXN. There's a big different between speculating with a 20 cent stock and an $8. stock. I'm sure there is a fair amount of promotion going on right now and judging from the volume versus price action a lot of people aren't holding this one until it becomes a mine. I believe that management has been holding alot of stock for a long time and are probably making sure they get rid of a fair amount of it while the gettings good. Let's face it, they can always reload if the situation warrants it. That's one thing I've always respected this management for. Financing were always done at fair prices, unlike a lot of companies that will deliberately run their stock down to position friends and family. My personal feeling about SIL is that it is way too early to get involved. They keep inferring that the San Cristobal is going into production but it hasn't been proven yet and even if it does approx. 1/3 of project costs will have to come from equity financing of some sort. How much dilution will result is hard to tell. There are just too many unknowns at this time to put a firm dollar figure on the stock.