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Excelsior Mining Ord Shs T.MIN

Alternate Symbol(s):  EXMGF

Gunnison Copper Corp., formerly Excelsior Mining Corp., is a Canada-based mineral exploration and development company. The Company’s projects include Gunnison Copper Project, the Johnson Camp Mine, and a portfolio of exploration projects, including the Peabody Sill and the Strong and Harris deposits, in Cochise County, Arizona. The Gunnison Copper Project covers approximately 9,560 acres of land, and it is located in Arizona, United States. The Johnson Camp Mine operation includes two open pits, a fully functioning SX-EW plant capable of producing approximately 25 million pounds of cathode copper per year. The Strong and Harris copper-zinc-silver deposit is located around 1.3 miles (2.4 kilometers) north of Excelsior’s Johnson Camp SX-EW facility.


TSX:MIN - Post by User

Bullboard Posts
Comment by kelbi8on Aug 14, 2014 10:31pm
261 Views
Post# 22844802

RE:RE:RE:Dundee: Buy rating and $1.00 target for Excelsior Mining

RE:RE:RE:Dundee: Buy rating and $1.00 target for Excelsior Mining
I believe the stock should trade at lower 20¢ or high teens range. Similar fund raised by stock offerings for Allan (AAA.TO) and TIMMINS (TMM.TO), raised the SP for a while and price come back down soon and in case of AAA.TO the price didn't even make to the offer price but price is in free fall mode ever since . The problem with kind of financing at this stage is problematic because it is very dilutive nature.....hence large number of shares
Bullboard Posts