RE:RE:RE:RE:RE:RE:RE:RE:RE:Nice new fresh and shiny yearly low...Florence is years away from a permit- and additional protests can be expected because is a mine in the middle of a city. Taseko also has a high debt burden!
In comparision excelsior is on a remote area, fully permitted for 125m pounds of copper and positively showed that the Insitu works with 185.000 pounds of 99.999% copper sheets were sold in Q1.
The 2 problems Excelsior is facing now is a) need for money for the water pond (the costs are in PFS but have to be spent earlier) and b) the time for getting rid of calcite prolonge the process for 6-9 month per well. The good thing is that the calcite is then away forever. So money and time, not the technology (or a magician brought us the 185.000 pounds???) are the 2 challenges.
the Investor has to compare NPV 1,5bill. to market cap of 150mil... remember that there is a lot of zinc on the field too. There will be enough investors to take part on the best green cooper project - greenstone will not let them down with being a owner of half of the company :-)
GLTA