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Bullboard - Stock Discussion Forum 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... see more

TSX:MIN - Post Discussion

Excelsior Mining Corp > Is it time?
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Post by Tartam on Oct 09, 2020 3:33pm

Is it time?

I have been a  substantial shareholder of Excelsior for years. I am becoming increasly concerned regarding the future of this company. It would appear that management are doing very little to move development forward. No communications, just crickets, bumps on a log are more active.

Is it time to bail out? The thoughts of other members on this bullboard would be appreciated, particularly PG and Arizona. Is it worth while hanging on?

Thank you.
Comment by PhotonicsGuy on Oct 09, 2020 5:37pm
Tartam. I share your frustration with the lack of communication and NR's. I have posted feedback from informal discussions with the co as recently as a couple weeks ago.  I encourage you (and any other concerned s/h) to reach out to JJ and get his view on things.  FWIW, I'm holding tight and will continue to do so.  PG
Comment by Tartam on Oct 09, 2020 6:25pm
PG, Thanks for your reply. I did email JJ about a month ago, was advised the company would be pruducing copper by the end of the year. I this is indeed the case, a news report reiterating this would be most helpful.
Comment by dollpartz on Oct 09, 2020 6:29pm
Reminds me of an old Sherlock Holmes episode .. Watson guarantees the Ming pottery is genuine .. Baron Bruner then says, well then one may ask what your guarantee is worth ..
Comment by Coppergirl on Oct 09, 2020 6:58pm
I reached out and got no response  large sharholder down about $180000  if they reached out and updated they would maybe get some buying  Basically I feel that their having difficulties and may lack the experience  They should regardless of my comment above be reaching out to the shareholders with an update  There will be a total revaluation once in production But will ...more  
Comment by dollpartz on Oct 09, 2020 7:32pm
They;re in deep I guess .. can't trust anyone really .. I started wondering seriously after that drop out of a $1 ...  somebody said later following copper with a volume of near nothing, wrong .. and went in big CS March 16th to offset this .. I made 4x in a couple months .. wait here for yrs to make that, if real lucky .. still I got something there .. wanna know if these characters are ...more  
Comment by dollpartz on Oct 09, 2020 7:42pm
Last time I remember a copper mining stock looking sickly no matter what copper did, was Baja Mining .. then some bad news came out, I was ready, i sold in the morning open .. 75 cents I took a small loss only because I was quick .. months later it was a cent .. cuz they were liars .. essentially ..
Comment by dollpartz on Oct 09, 2020 8:03pm
Aint saying that gonna happen but they f- speak up .. people are doubting them, their word.. shareholders want information, their duty? Provide it? Got anything else to do? I would think so .. delay? Sit on yer butt .. Bad sign .. at least thats how I take it .. Those secret options at 60s starting to look good, if it was a complete bust would they bother ..
Comment by CuJunior on Oct 09, 2020 9:20pm
This is probably dead money until they can get a secure supply of acid, and probably for many months even after they do.  Unfortunately it is not easy to trade in and out, so there is always a chance of missing the boat if you are out and want hundreds of thousands of shares in a hurry.  I think that most buyers feel they can wait and still get in at a good price and at a much later date ...more  
Comment by dollpartz on Oct 10, 2020 6:30pm
Well personally, I'd like the acid situation explained in great detail .. could they have been prepared? Why weren't they prepared? What they did, what they are doing, what they will do .. Current situation .. why can't they get the f- stuff. Maybe I should put this money in acid, seems more rare than Astatine. And objectively, not all worded to make them look good. But oh, that's ...more  
Comment by Ajax2019 on Oct 10, 2020 9:19pm
Yes, management screwed up on the acid supply. Question is if they will let this shitshow continue for another 6 months? What worries me even more is that all the bashers with their moronic comments have vanished from this board. I guess its mission accomplished for these guys..
Comment by dollpartz on Oct 10, 2020 9:42pm
last I saw Joe was NCU .. and I dont see him there anymore either .. I dont think he was very intelligent, just relentless .. then again, we see that works on the global scale ..
Comment by Mikemike on Oct 11, 2020 4:22am
I dont think any basher could do it better than management themself. 
Comment by Coppergirl on Oct 11, 2020 5:07pm
Yes vanished  I guess they bot the last laugh 
Comment by Birtchtree on Oct 10, 2020 12:00pm
Does anyone remeber the name of the merchant banking firm that advertized this? I can't remember............was it King and Queen, or Mark and Bark?????  I do rememeber is was the same folks that were managing Alderon. Is Alderon still around?? Haven't heard much about it recently.  Will soneone please help me catch up, I've been away, and have returned to a field of craters. ...more  
Comment by Coppergirl on Oct 13, 2020 12:47am
Why don’t they reach out and give us the shareholders an update  I think because they may be afraid to tell us things are not good The opportunity cost is high here 
Comment by Lenny1K on Oct 13, 2020 3:57pm
You used a word that we should all be thinking about. The overall stock market has been trending higher for years. Virtually any other copper stock has outperformed also since the sharp runup began earlier this year. The last we heard, as per the corporate presentation and management, was that they would be producing copper by the end of this year. Anyone here believe that?? What has been your ...more  
Comment by dollpartz on Oct 14, 2020 1:51am
I read on investorshub they are telling people 'by phone or email' 1st Q 2021 acid supply problem 'hopefully' resolved. Somebody already mentioned it here  .. Doesn't do any good biting ones nails, otherwise by then won't have any fingers left. I imagine, and with these guys lately I gotta use my psychic powers, they don't relish making an update where they say ...more  
Comment by Mikemike on Oct 14, 2020 6:14am
Hi dollpartz, So we should expect copper earliest in Q2 2021. they missed there milestone about a year :D lol and still no communication about new expectations.  get that costly acid contract and start pumping. I would rather pay a premium of 10 mil for the acid contract for the next 3 years than let the shareprice drop to 0.3 CAD and then do a pp for 10 million we lost the next 6 month. ...more  
Comment by dollpartz on Oct 14, 2020 4:15pm
Well ya that's why I said, I would like to know their decision-making ..  how much does an acid plant cost? lol ... My guess is the acid market as it is, they don't know when they can get an acid deal ..
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