Excelsior Mining Corp T.MIN

Alternate Symbol(s): EXMGF

Metals & Mining Industrial Metals & Minerals

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.

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Excelsior Mining Corp

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Comment by gold_diggers1on Sep 23, 2017 10:28am

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Post# 26734208

RE:Operating income, staged production.

Goldengreen wrote: The 25 million pound production facility just doesn't produce enough operating income to make a difference. From the feasibility study:

Year 1: $12.7 million operating income
Year 2: $42.3 million
Year 3: $39.3 million

That is operating income before taxes.

The serious income doesn't get flowing until year 7, once the full production facilty is built.

Year 7: $260 million operating income (Wow!)

Some on this message board talk as if we are about 6 months away from Year 7 level operating income. Not even close. There is a path to a $1 billion market cap for Excelsior but it is a long 3 stage slog ending in 2024.