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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 > Copper at $3.90 going to $4.00
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Post by rexrex on Feb 18, 2021 9:13am

Copper at $3.90 going to $4.00

Excelsior at $0.92 going to $3.50 soon ...imo....once PP is completed on Monday Feb 22, 2021, copper will hit $4 and there will be no stopping Excelsior from rising. An update from management will soon follow. In the last update they produced 90,000 pounds of copper and they mentioned they will reach nameplate 25 million pounds by end of 2021. So I am anticipating that the next update will be naturally beyound 90,000 pounds of copper. Once this happens, the lid from Excelsior will come off and the stock will gallop towards $3 to $4 imo...
Comment by rexrex on Feb 18, 2021 9:49am
$25 million pounds = $100,000,000 revenue in first 12 months. That is based on $4 copper price. Once they reach 125 million pounds per annum the revenue at $4 copper price will be half a billion per annum.i.e $500,000,000. Their all in cost is $1.35 per pound or $168,750,000. Which will give them an ultimate profit of $331,250,000 per annum. That is more than today's market cap and the life of ...more  
Comment by Unicorn9000 on Feb 18, 2021 10:01am
What price projection would be year by year until 2025?
Comment by metalhead666 on Feb 18, 2021 10:42am
It's not "once" they reach...it's "if" they can....you all dismiss out of hand the possibility that this project fails.  Pretty foolish to "believe" what the CEO says...a guy who won't defend his company against CRUX or provide you the owners of the company with any information.
Comment by marketsense on Feb 18, 2021 1:11pm
So,  metalman,  what are you recommending,  that everybody sell their shares?    Now what would be your purpose in saying that I wonder?  Your obsessive bashing surely can not be doing us all a favour out of the goodness of your heart.  It stretches credulity.  You've made  your decision,  that's fine,  and we've all heard why..... ...more  
Comment by metalhead666 on Feb 18, 2021 4:08pm
You can respect risk and the unknown or you can throw your money at hopes and wishes and promises. Doesn't matter to me.  PS...I am not a "basher"...I respect information regardless if it's good or bad and I understand that risk is more important than reward and until you've satisfied the risk you shouldn't even think of reward.  Do what you like...not my money
Comment by marketsense on Feb 18, 2021 8:07pm
Then "M" if it doesn't matter to you,  why do you keep posting the same thing.    Investing involves risk and this is adult stuff.   Everyone knows this is not kiddyland.    Yeah,  there's a problem with the wells,  but the risk reward is that they will figure it out.   You don't like MIN right now we get it but don't presume ...more  
Comment by Notgnu on Feb 18, 2021 8:57pm
Nice post... I have been having the same bs from meathead-0 and countless other's like him. They need to just go short and be happy and proud of their call when it turns out right. Been hearing "tire fire" etc over at NCU since November yet I am up $100 k from trading it and $300k in paper gain... with the full knowlege it and twice that could all be gone in a NY second... Just da ...more  
Comment by metalhead666 on Feb 18, 2021 9:12pm
How do you know that they'll "figure it out"? What if they can't?  Tell me the odds and how you know. The real "risk" is that they can't figure it out in which case your loss is total.  Having your capital at risk of total loss is always unacceptable. The FACT is you do NOT know if it can be figured out so you're betting on a binary outcome...red or ...more  
Comment by Buckfinder on Feb 19, 2021 3:02am
Your intention here stays totally unclear because no one would invest so much time on a stock he does not own. Sorry, but the only conclusion for me is a paid basher - unfortunately very common on boards. Do you really believe that someone here will change his investment attitude towards Excelsior because of metalhead666 or a crux report full of nonesense...? The big question is whom to believe: a ...more  
Comment by metalhead666 on Feb 19, 2021 5:28am
Why are half the wells being supplied with acid non functioning....??
Comment by Buckfinder on Feb 19, 2021 6:24am
Why is this important for you as a non-investing person in MIN ????
Comment by Mikemike on Feb 19, 2021 7:38am
Gesus metalhead, please give it a break. It is so annoying and it doenst help either. We dont know why the half of the test wells is not working. Nobody except management, or even they dont. Repeating it 20 times everyday doenst help.
Comment by metalhead666 on Feb 19, 2021 7:52am
Sure sounds like a great investment eh?  Doesn't work and we can't say why..buy buy buy!! LOL
Comment by Buckfinder on Feb 19, 2021 8:06am
My advice: GO short short short !! LOL
Comment by metalhead666 on Feb 19, 2021 8:13am
Gratefully I would never take your advice
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