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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

Comment by dollpartzon Feb 15, 2021 3:45pm
147 Views
Post# 32569285

RE:Timing of Offering Makes No Sense Unless

RE:Timing of Offering Makes No Sense Unless
Lenny1K wrote: In recent conversations with JJ, he had made it clear that Excelsior had enough money on hand for quite a while.


As to this .. $18 mill Sept .. they burnt thru $6 mill from previous Dec? .. so I dunno, they have what .. more than $10 mill  before this PP .. that's not a whole lot and its not nothing.. I dunno, it was a bit on the slender side considering that increased burn rate .. now of course they may have more money than brains.
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