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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 > Greenstone...
View:
Post by Buckfinder on Dec 16, 2020 8:54am

Greenstone...

has nearly a 50% stake in Excelsior at an average price of 1.00 cdn.
They took a position (their first in the commodity space !!!) after a longtime and exact Due Dilligance (DD).
They saw 1,00 as a fair price at a time where:
- there was no permitting
- no proof of technology
- copper at around 3 usd 

NOW:
- fully permitted 
- proof of Insitu (producer status will be announced within 14 days !!)
- lot of nickel found on the field :-)
- copper at 3,6 with supply chain problems - many brokers see + 4 usd copper inevitably 

The stock is massively undervalued at this point. Should be around 2 cdn if producer status is announced very very soon!
glta
Comment by rexrex on Dec 16, 2020 9:56am
Yes, I totally agree that Excelsior  that it is massively undervalued. If one is lucky you can jstill just squeek a sizable share between the 1.10 and 1.20 cents range right now......There are basically no sellers, almost all are holding now until production begins... Excelsior should be $2, and with production news, i see it go past $2.50 easily....funds will step in to buy, it may get ...more  
Comment by rexrex on Dec 16, 2020 9:59am
Not to mention BNN coverage and other fund managers coming on to BNN to talk about Excelsior....I see 2021 as a banner year for Excelsior...we are at the cusp of a Bull Run...
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