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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

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Post by Copper3 on Jun 17, 2021 7:40pm

Sad

How did this company raise so much money go so many years and no one thought of calcite and acid reacting as an issue. A simple Google search shows that acid reacting with calcite causes fizzing. Take that info and add a high amounts of acid and calcite and you get major fizzing aka gas bubbles. I have been in this stock for 10 years and I have never been more upset in my life with an investment. I have sold a bunch of shares over the last few months but still hold alot. The last few years have been painfully brutal now add in a share price that is dropping every other week makes it so much worse.Greenstone has invested huge money. Triple flag invested 75 mil to be paid back with copper sales.... Copper needs to be produced for these guys to get paid back... I wonder what they are thinking right now. I truly hope that this story turns positive soon. Money is being burned each month trying to get this mine running right. Judging by the share price these are not just your typical start up issues. We are going back to pre feasibility level prices. Sad
Comment by Lifexprt on Jun 17, 2021 9:41pm
I took the opportunity today to cut my losses and move to oversold precious metals positions. Lack of feedback from management did it. Good luck everyone.
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