The Investment Doctor
Long/short equity, value, debt, base metals

Excellon Resources Is Still Processing Ultra-High Grade Ore But Has Only 6.5 Years Left


This article is meant to have a closer look at Excellon Resources (OTCPK:EXLLF) which is currently mining the extremely high-grade La Platosa project in Durango, Mexico. The main scope will be to determine whether or not Excellon is a good buy at the current share price, how sustainable the high-grade production profile is and where the next step in the company's game plan will occur.

Source: company presentation

As Excellon's main listing is on the Toronto Stock Exchange where the company is listed with EXN as its ticker symbol, I'd strongly recommend to use the TSX for your trades as the average daily volume is approximately three times higher as the (not very illiquid) US exchange.


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