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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 27, 2017 11:23pm
134 Views
Post# 26871123

RE:RE:Check.

RE:RE:Check.
mudguy wrote: Agreed.  The 30-day period is standard, and the permitting risk is virtually nil now.

I suspect mine construction, financing and related news will be forthcoming now in early December, given a UIC in late Nov-early Dec.  

The risk I see is a derisked project becomes an attractive takeover target.  Will we see someone swoop in with an offer.  A standard 30% premium from here would be something like $1.55-60 CDN.


I agree with mudguy, the big risk now is a take-over.  The execution risk is being exaggerated, just like the permitting risk always was.  In-situ recovery is a proven mining method, and great projects always get financed.

Bullboard Posts