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


To: s.jennings who wrote (35)1/30/1999 10:55:00 PM
From: Tom Cat  Read Replies (1) | Respond to of 126
 
thanks for your input. Makes sense
TC



To: s.jennings who wrote (35)1/31/1999 10:22:00 AM
From: rdww  Read Replies (1) | Respond to of 126
 
might want to check on how much trading stock insiders have. They took down most of the PP's lately - but they are saddled with 1 yr holds - not 4 mth AIF's. They are likley to be exercising wts - but that only cashes up the kitty for the other project - no harm there. EXN had an AGM Friday and they were talking to brokers in Van and showing some core around. Apparently it is a very nice core indeed. If they were able to get core from a SIL drill program , sounds like the relationship isn't all that adversarial yet. There are rules in the JV regarding disclosure - at a minmum 1/4ly and important stuff on a faster reporting basis than this. Oh ya, BB put out a fax alert early fri saying - buy on instinct , then do additional homework.

As noted on the EXN header - this is a past producer - with grades mentioned as well - from areas that were easy to access. This leaves a lot of room for another mine down the road.