Excelsior Mining Corp T.MIN

leach pad

[dollpartz]

What happened to that leach pad reply .. I logged in to answer and it disappeared .. guess you got me blocked,  or I got you blocked, but I thought I had nobody blocked. Anyway this is what I am talking about (and its my fault for not making it clear):

"The full capital cost for restarting the JCM heap leaching operation between mining pre-production, first fills/Owners costs, leach pad construction and haul road construction is approximately $26.5 million. Staffing for the JCM project is mostly in place and few hires will be needed to augment the existing staff."

[Richiechile]

Before Excelsior can consider raising money, we need to see a copper resource, met testing and some pit shells to know there is a profitable mine at sensible copper prices. You are correct funding is important but I think Excelsior are not at first base yet with a mine plan around the Johnson Camp. I am not sure the PEA has much value without a mine plan. I am sure in the background engineering

[dollpartz]

That's true, but if they get an opportunity to raise money even at this stage, maybe they should take it. If they sit on their hands the market could take a turn for the worse, and they'd be finding themselves seeking a financing at 10 cents