I think it will be hard to ignore Excelsior when copper hits $4 mark, my reasons as follows:
- All other copper plays are already expensive and runnig high
- Money will rush into all sorts of copper stocks
- By that time Excelsior will have some update on its production
- This new share raise my guess is it is going to a hedge fund or a money manager (long term holder)
- Copper is a hedge against the US dollar,
- The 1.9 Trillion stimulus package will further raise the price of copper.
I see positives, however the one thing that i absolutely abhor about Excelsior, the Management has to talk about the company on BNN or bring more attention to what an undervalued company I mean
we are in the middle of a Bull Run in Copper price, and managment is going to just sit this one out?????? Come one guys i know you read this....
I Like everything else, and this is definately a long term play and a multi baggar for sure but a little shareholder price appreciation will boost the morale of long term shareholders in my opinion...
Someone mentioned on the board that they had a chat with JJ, perhaps next time they have a chat with him let him know and also i will email the company as well...if everyone emails and makes similar request i think finally they would want to participate in this
Copper Bull Run at their door step.... Again the above is just my opinion...do not buy, sell or hold shares based on what you read here....