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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 CuJunioron Oct 19, 2017 11:36am
143 Views
Post# 26831666

RE:RE:RE:RE:RE:Thanks Goldengreen!

RE:RE:RE:RE:RE:Thanks Goldengreen!How NPV works:  The NPV now is US$807M, The NPV in 5 years is about US$1,018M

This is with no changes except that the cash flows are no longer so far in the future.

In 5 years, the mining method will be proven and the biggest cash flows will be emminent.  So the old NPV figure of US$807M will be irrelevant.  Since the new NPV will be over US$1 billion, there is no way a price of C$630M (which is only US$504M) would be adequate.  And all that is assuming copper at $2.75


Bullboard Posts