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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 > PHOTO Am I correct that a fast overview of your work
View:
Post by rockhound3 on Nov 24, 2020 2:27pm

PHOTO Am I correct that a fast overview of your work

Is that MIN should most likely  trade in a range of $4- $10? 

Sounds pretty good!!

tx

Rock
Comment by PhotonicsGuy on Nov 24, 2020 2:35pm
PHOTO Am I correct that a fast overview of your work Is that MIN should most likely  trade in a range of $4- $10?  Sounds pretty good!! Well...in a perfect world, maybe!  ;) Keep in mind that - according to the charts - that valuation will not be achieved until Excelsior is producing at 100% of the 125MLb/year nameplate capacity of Stage 3, which is approximately 5 ...more  
Comment by Trouger on Nov 25, 2020 1:12am
When I am right, by skipping stage 2 Excelsior will be at stage 3 only 3 years from now and not 5. According to FS, page 227: Stage 1: Years 1 & 2 Stage 2: Years 3-5 Stage 3: Years 6 & 7 So by skipping stage 2 (which would last 3 years) we are 3 years closer to full production.
Comment by PhotonicsGuy on Nov 25, 2020 3:33pm
Trouger -  Great question.  As is most likely apparent, I make every attempt to be conservative in the assumptions presented...maybe too conservative.  I am an engineer have been involved in large DoD projects all my career.  Even the best managed projects have hiccups, whether from internal or external causes.  We have all experienced examples of this for Excelsior during ...more  
Comment by PhotonicsGuy on Nov 25, 2020 3:38pm
Trouger -  Trying again...gotta love SH. When I am right, by skipping stage 2 Excelsior will be at stage 3 only 3 years from now and not 5. According to FS, page 227: Stage 1: Years 1 & 2 Stage 2: Years 3-5 Stage 3: Years 6 & 7 So by skipping stage 2 (which would last 3 years) we are 3 years closer to full production. Great question.  As is most likely apparent, I make ...more  
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