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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 Camp Mine and a portfolio of exploration projects, including the Peabody Sill and the Strong and Harris deposits. Its 100% owned Johnson Camp Mine is located over one mile from the wellfield. The Strong and Harris copper-zinc-silver deposit is located about 1.3 miles north of its Johnson Camp SX-EW facility. The Company is also evaluating the oxide and sulfide potential of all of its mining assets.


TSX:MIN - Post by User

Bullboard Posts
Comment by morriconeon Jun 14, 2017 8:45pm
247 Views
Post# 26364201

RE:Today news

RE:Today news
The fact that the permits would be coming has been known for ages.  Everybody who believed this bought shares months ago in anticipation of this happening. Some bought with the intention of selling for a quick profit when the stock presumably popped on the news.

So, everybody who follows this stock closely isn't buying on the news - they've already bought all they'll ever want. That just leaves people who don't really follow the stock much if at all who may be attrracted by the news and buy a few shares now. That's probably not a lot of people since this is early summer and everyone is planning their vacations, not wasting time on the stock market.  Now and over the next few months is a bad time of year for any news to be released. 
Bullboard Posts