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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
Post by CuJunioron Oct 02, 2017 12:03am
199 Views
Post# 26765083

take npv with a grain of salt

take npv with a grain of salt
The combined wealth of the entire world in 2017 is $241 trillion.
 
King Tut lived in 1324 BC, 3341 years ago.
 
To determine interest for 3341 years at 7.5% interest, take 1.075 to the 3341 power.
 
1.075 to the 3341 power is 8 followed by 104 zeros.
 
$241 trillion is 241 followed by 12 zeros.
 
So, if King Tut had simply invested the tiniest sum of money, lets call it a half of a penny, the value of a single grape, at 7.5% interest, it would be worth far more than all the wealth in the world today.
 
Conversely, if someone promised to King Tut all the wealth in the world for Egypt in the year 2017 just for a grape in the year 1324 BC, King Tut's accountants would use NPV and say that it was worth far less than the value of a single grape - don't do it.

Bullboard Posts