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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 gold_diggers1on Mar 17, 2016 1:45am
119 Views
Post# 24668281

RE:RE:NO VALUE HERE

RE:RE:NO VALUE HERE
gold_diggers1 wrote:
groundbeef wrote: THE SELL OFF WILL CONTINUE RESTING IN NOTHING BUT ENDLESS RED DAYS AHEAD UNTIL THIS GETS TO A NICKLE. 

THOSE WHO GET OUT FIRST WILL TAKE MINIMAL LOSSES.  THE REST OF YOU WILL BE HOLDING THE BAG!

GAME OVER!!!!!  YOU ALL LOSE!!!

I wouldn't categorize MIN as No Value.....  why?  since Greenstone is not that stupid to invest in MIN if there's No Value?!  
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It's more like "Dead Money" for now until 2017 - 2018 while other gold/silver juniors have moved up considerably since the start of this year, many making new 52-week highs.   It's hard when MIN is stuck at $0.26?!
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MIN will remain Dead Money until full mining permits are granted.  Financings should not be difficult as only $84.5MM is needed to start mining using the ISR method.
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In the mean time, there's this Dundee blocking MIN to move up..... and by the way, Dundee Securities is also selling everything including gold/silver juniors to raise money??

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GLTA





mudguy, thanks for correcting.  You are right.  What I meant was the initial capex drops by 84% to $45MM.   Typing too fast.
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GLTA

Bullboard Posts