RE:RE:RE:Informal meeting with StephenExcelsior's stock price is the perfect example of the irrationality of stock prices. Compare today with just six or seven months ago. Then MIN was not completely permitted and there was considerable concern about financing but the stock was trading at almost double of what it is today.
Today MIN is fully permitted and financing is is place. Financing that did not cause too much dilution to existing shareholders.
The "issue" of the eventual success of in-situ copper mining has always been on the table, however specious that issue is in my opinion.
One variable that I see is the price of copper. Six months ago it was north of $3.00, now it's been languishing at $2.75.
The other factor which may be causing the stock price to be where it is is concern about trade wars and the global economy.
I'm thinking once trade issues are settled, we'll see copper go up and as a result MIN should rise in price as well.
One other thing while my fingers click away -- those couple of institutional sellers hopefully have sold their shares and will move on.