Excelsior Mining Corp T.MIN

I bet $4.75 share price August

[rexrex]

I bet after the PP closes on Monday we will not hear from Metalhead again. I think, the shake the tree and collect cheap shares strategy will soon come to an end. As you know it will be difficult for retail investors to get the new PP. In any case an update from management will soon follow, maybe next week. With strong copper price, Excelsior will explode past $1.50 mark soon (March) and then all the chatter will start about copper and finding the next great copper play. Excelsior will be mentioned here and there and share price will then hit $3.00 (April). Each month with more updates from the company coupled with rising copper prices (Copper expected to hit $5), Excelsior will trade above $4 by June. You see I bet you that we are at the cusp of a big run with Excelsior, I have see this many times with other stocks. Many times. That is why I feel that the Crux article came out, it was not to short the stock (MIN short sales are negligible), the article purpose was to spook existing shareholders into selling and the gambit was to buy all cheap shares once the share price collapsed. The strategy failed and then we got this PP. Now the big boys are in the game now, so the entry for them is $0.95 cents, and believe it, when $28 million comes rushing into something, they don't sell for 10% to 20% profit. Given the strong copper price and relatively low trading float of Excelsior they probably expect a 5 baggar ($0.95 5 = $4.75 share price. (50% of shares won't trade as they are held by Greenstone, Triple Flag, Capital Group and Management). I am thinking by August shares will hit $5. You see after the PP closes, by June the shares will be free trading and we will get more updates from the company, and more updates will come from analysts from Scotiabank and PI financial. The target price will be raised by analyst, there will be positive chatter in the market about Excelsior, trading volume will increase, and one day sometime this year, Excelsior will be bought out. I guess the PP was necessary to create free flowing shares to make share price appreciation possible. Currently, Greenstone a 47% holder is not selling, Management is not selling, Triple Flag, Capital Group don't sell, the strong shareholders are not selling. So the PP was in my opinion a good strategy to help Excelsior achieve a re-writing of it's share price to a new level. ( My opinion only, do not sell, buy or hold shares based on what you read, do your own research)

[marketsense]

I would like to strongly suggest to our resident basher "M",   that the greatest risk right now facing investors with regard to MIN,  is not owning enough shares or contemplating selling their shares because of the negativity being generated by the Crux article  and "M".    Copper is on a tear and going higher.   Even moose pasture with some copper

[metalhead666]

Won't matter if copper is $47 a pound if MIN can't mine it.  You seem to miss this fact.

[marketsense]

NO, I'm not missing anything.  I'm betting they will be able to mine it,  you're betting they won't. Neither of us knows for sure.   I've place my bets until I see otherwise.........in this market I'm  willing to give them some time.  I don't think that is so preposterous or ridiculous a position.   

[metalhead666]

No, I'm not betting at all on it. You are "gambling" I invest.