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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

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Comment by HisNoodlinessTheFlyingSpaghettiMonsteron Aug 13, 2014 5:15pm
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Post# 22838878

RE:RE:RE:How many shares will be out after all this dilution?

RE:RE:RE:How many shares will be out after all this dilution?Ya, and where are they going to get the money otherwise? Will it just appear out of thin air?  They have raised money AND have multiple strong partners with deep pockets.  You should be extremely happy with their financing decisions thus far.  The Callinan deal was very fair and non dilutive, Dundee cashed MIN up and got them analyst coverage, and this deal was above market price with a strong private firm looking to make serious money LONG TERM.
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