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Excelsior Mining Corp T.MIN

Alternate Symbol(s):  EXMGF

Excelsior Mining Corp. is a Canada-based mineral exploration and production company. The Company owns and operates the Gunnison Copper Project in Cochise County, Arizona. The Gunnison Copper Project is an in-situ recovery copper extraction project that is permitted to produce approximately 125 million pounds per year of copper cathode production. The Company also owns the past producing Johnson Camp Mine and a portfolio of exploration projects, including the Peabody Sill and the Strong and Harris deposits. Its 100% owned Johnson Camp Mine is located over one mile from the wellfield. The Strong and Harris copper-zinc-silver deposit is located about 1.3 miles north of its Johnson Camp SX-EW facility. The Company is also evaluating the oxide and sulfide potential of all of its mining assets.


TSX:MIN - Post by User

Bullboard Posts
Comment by morriconeon May 17, 2013 10:56am
173 Views
Post# 21408905

RE: price action

RE: price action

The number of shares purchased was relatively trivial. The price went up because of a scarcity of sellers. Some small investor saw a bargain and decided to take a position. Yawn.

The company is in desperate need of money right now and that's a huge weight on the stock price. If that gets resolved then the shares could jump.

 

Bullboard Posts