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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

Post by rexrexon Feb 17, 2021 5:03pm
157 Views
Post# 32588054

Min $30?

Min $30?Fun with numbers and why this is a $30 stock.... In a couple of years.... Copper at $7 per lb. This is not far fetched with a growing deficit and high demand AISC of $1.35 which I assumes covers royalties, debt payment etc (I could be wrong on this but follow along) 100 million lbs of production per year for decades Round down to a $5 per lb profit equals half a billion $$$$ Divide by 300 million shares assuming some capital raises between now and then That's rounded down to $1.50 per share in annual earnings Give it a 20x multiple as it's a world class predictible project...maybe throw in a dividend which I'm sure is likely at some point You have a $30 stock or a 30x bagger give or take in 3 years or so. If my math is off by a factor of 2x it's still a $15 stock and if I'm 3x wrong for whatever reason it's still a $10 stock! You find me another investment that has the will of the people and the force of every government behind it that can claim to be a "green" miner supplying a much needed product into a market of decling supply....I don't think you can Now can things go wrong? Of course but at this stage I highly doubt it. In addition we will be getting terrific press coverage, could get a buyout offer at any time and have a clear pathway now to growing production every day. I have aggressively added to my position this week....I intend to hold until the 100 million pound mark is reached or my price target of $30 or a buyout offer IMHO this is the single greatest opportunity I've found in over 40 years of investing. "Above quote is from Metalhead, his messages began sometime in December 2020)
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