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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 > ZERO - Mark Morabito
View:
Post by giovinco on Sep 20, 2022 1:33am

ZERO - Mark Morabito

This will get off-listed. Exact same pattern as Alderon. If the mine is worth any value, the asset will get sold off after bankruptcy protection.

Mark Morabito will never learn. Do not take out a loan, just do equity fundraising (if you have the ability, of course) for startup mining companies because the production schedule is never fixed.

Comment by Foober1966 on Sep 20, 2022 10:03am
You do realize that Morabito is no longer involved with them - resigned a year ago - it is the current management that is responsible for this not to mention the pandemic and war in ukraine - all these factors have contributed to the entire resource market being in a tailspin
Comment by giovinco on Sep 20, 2022 7:48pm
OH NO, I did not realize that Morabito resigned a year ago. Really? He literally got fired for a bad reputation, and he is the one who set up all this. Pandemic and war in Ukraine? So, Excelsior not being able to get copper from the ground is due to the war in Ukraine and the pandemic? They failed to do the pre-testing and set deadlines that were never going to be met. That's the problem. They ...more  
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