Brien Lundin, in the July, 2015, edition of the Gold Newsletter, says buy Excellon Resources Inc., recently 51 cents. This is the first time the newsletter editor has recommended Excellon, a Mexican silver producer. Mr. Lundin says the company's Platosa mine has been facing mounting production costs due to water intrusion in the mine's lower levels. As a result, the company commissioned a preliminary economic assessment study on the 10-year-old mine to determine the best optimization program. Mr. Lundin says the study reveals the company will implement a water pumping process that will lower production costs and re-establish Excellon as one of the lowest-cost producers in the world. According to the PEA, Excellon will mine silver from Platosa with an all-in cost of $9 an ounce during the peak production years from 2016 to 2019. The PEA also shows that a $9.9-million investment yields an after-tax net present value of $39-million at a 7.5-per-cent discount rate. The writer says Excellon will probably finance the $9.9-million expenditure through debt with 1.9-year payback period. He concludes that this now appears to be the bottom of the metals and junior resource equity cycles, making it a good time to buy Excellon.