Bullboard - Stock Discussion Forum 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... see more

Add To Watchlist

TSX:MIN - Post Discussion

Excelsior Mining Corp > Start up?

View:

Post by 505050a on Jul 27, 2020 7:27pm

Start up?

Why would they start up with the covid running like crazy in Arizona. They laid off most of the staff and do think they would recall, so, they could operate a short period of time before having to close again. Last time I talked to CEO, he said they couldn't get acid out of Mexico and they wouldn't start up again because of the costs involved with start up and covid. Why did the share price go up? Wishful thinking. Some probably jumped in because the price went up and didn't want to miss the boat. I too sold and am waiting for the price to come back down again. IMO

222

Comment

Comment by CuJunior on Jul 27, 2020 10:30pm

I have been in Excelsior since 2014, and I have learned to trust management. They have guided this company through all obstacles, and I am sure they will guide it through the current issues. I had sold quite a bit during the pandemic, but I have bought a lot of it back. Why am I buying? Because copper is hanging out around $2.90, and that can't be ignored. ...more

133

Comment