﻿<?xml version="1.0" encoding="utf-8"?><rss version="2.0"><channel><title>Silicon Investor - EXCELLON (VSE:EXN).  The Next Big Mexican Silver Play?</title><copyright>Copyright © 2026 Knight Sac Media.  All rights reserved.</copyright><link>https://www.siliconinvestor.com/subject.aspx?subjectid=25020</link><description>
Here is a little company that just came to my attention that is as good a speculation as there is out there today.  Last Monday the company was informed by its Joint Venture partner Apex Silver that it has begun a drill program on its silver project.  Apex silver is George Soros's mining company so you can bet that if the property pans out, it will receive a very high profile.  To date 1 hole has been completed and judging by the activity in the market, the visuals must be good.   There are 12.1 million shares outstanding and they have very little cash but are carried by Apex.  Insiders control 25-30% of the stock and will keep funding the stock as needed until a higher price is achieved to finance. With a market cap of $2.5 million Canadian its hard to go wrong buying some of this cheap paper. Technically the chart of the stock looks very bullish.  Volume has been heavier than normal since the start of the new year and the price touched an intraday 52 week high today.  There is no real resistance until $0.50 or so. Company phone number is 416-364-1130 and to date they do not have a web site. Property looks fantastic as is evident in the most recent news release that announces the drill inception of the drill campaign:  Excellon Resources Inc -   Excellon has been advised that Platosa drilling is under way   Excellon Resources Inc                                                             EXN  Shares issued 6,699,805                                             1999-01-12 close $0.17  Wednesday Jan 13 1999  Mr. Richard Brissenden reports   Excellon has been advised by Apex Silver Mines Ltd. that it has commenced a  drilling program on the Platosa property.   The Platosa property is five kilometres northwest of Bermijillo, Durango State,  Mexico and lies 1.5 kilometres from a major paved highway, railroad and electric  supply. In December 1997 Excellon's geological consultants completed a program  which included geological mapping, geochemistry, geological interpretation,  mapping and sampling (47 samples). The following paragraph is taken from  Apex's report.   Mineralization observed at Platosa is typical of that seen throughout the 2,200  kilometre long belt of replacement skarn deposits that crosses northern Mexico.  Platosa lies centrally within this belt and offers attractive possibilities for containing  additional economic base and precious metals-rich skarn replacement ores. The  area lies only 25 kilometres from the Ojuela mine at Mapimi which produced five  to six million tonnes of ore grading in excess of 3.5 grams per tonne Au, 475  grams per tonne Ag, 15 per cent Pb, 10 per cent Zn and 0.2 per cent Cu. There  has been previous mining at Platosa where more than 75,000 tonnes of high-grade  ores were recovered from the old workings. Five selected samples were taken  from the existing underground workings. Assays from the samples ranged from  0.3 grams per tonne Au to 9.6 grams per tonne Au; 960 grams per tonne Ag to  1,600 grams per t...</description><image><url>https://www.siliconinvestor.com/images/Logo380x132.png</url><title>SI - EXCELLON (VSE:EXN).  The Next Big Mexican Silver Play?</title><link>https://www.siliconinvestor.com/subject.aspx?subjectid=25020</link><width>380</width><height>132</height></image><ttl>10</ttl><item><title>[canucklehead80] Auguries—You Bet Your Life February 23, 2012  By Kevin Michael Grace   	Gold was...</title><author>canucklehead80</author><description>&lt;span id="intelliTXT"&gt;	&lt;b&gt;Auguries—You Bet Your Life&lt;/b&gt;&lt;br&gt;	&lt;i&gt;February 23, 2012 &lt;/i&gt;&lt;br&gt;	&lt;i&gt;&lt;u&gt;By Kevin Michael Grace&lt;/u&gt;&lt;/i&gt;&lt;br&gt;	&lt;br&gt; 	Gold was up (at press time) $51 (+2.9%) for the week to $1,781.10, and  silver was up $1.96 (+5.8%) to $35.48. Bloomberg reported, “Gold climbed  to a three-month high…as the dollar weakened, spurring demand for the  precious metal as an alternative investment. Silver jumped to a 15-week  high.”&lt;br&gt;	&lt;br&gt;	Bloomberg attributed gold’s rise to “strong economic  numbers out of the US [if you say so] and Germany.” Reuters cited (wait  for it) “a stronger Euro, coupled with growing concern over the impact  on inflation from oil trading above $120 a barrel.” The &lt;i&gt;Wall Street Journal&lt;/i&gt;  quoted commodities analyst Ira Epstein, “What really got gold going was  once Europe made up its mind that it was going to keep Greece alive  with printing presses.” And FastMarkets quoted MKS Finance, “Even though  Greeks received a 130 billion Euro package, there’s still perception  that the Greek debt has been delayed rather than solved.” MKS concludes,  “The macroeconomic picture is looking rather in favour of higher  prices.”&lt;br&gt;	&lt;br&gt;	Read  &lt;a href='http://resourceclips.com/2012/02/23/auguries%E2%80%94you-bet-your-life/' target='_blank'&gt;the rest of this article.&lt;/a&gt;&lt;/span&gt;</description><link>https://www.siliconinvestor.com/readmsg.aspx?msgid=27997167</link><pubDate>3/7/2012 9:53:33 PM</pubDate></item></channel></rss>