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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 kavephishon Apr 27, 2017 12:26pm
146 Views
Post# 26174520

RE:RE:Technical Support

RE:RE:Technical SupportPer RW's post on April 17, MIN expects draft permits April/May 2017.  This is a couple months later than was originally stated in (IIRC) the previous investor presentaion on the MIN website.  Someone on here also recently quoted Twyerould as saying "catalysts are coming".  So yes, draft permits are late with regards to original estimate from over a year ago.  However, I feel this is a dangerous time to be selling and locking in profits if you are truly a long investor in MIN.  Draft permits are expected in the next 5 weeks.  One or both could be announced at any time, including today.  So, selling at .80, to me, means that you aren't confident that the permits will be received.  Yes, this is still a possibility, and there is nothing wrong with taking money off the table, but at this late stage with regards to permitting, you're either in, or you're out. Feel free to buy back in at a higher price once the permitting news is released.  I may sell you a handful of shares as a token "thank you" and buy myself a nice night on the town on your dime. :)
Bullboard Posts