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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 ArizonaBillyon Dec 20, 2018 11:25am
174 Views
Post# 29140556

RE:$0.80 again

RE:$0.80 againMIN is being priced as an actual producer of copper.  No longer as a speculative exploration or development company.

Check out this little exercise: do a one year chart on the price of MIN and a one year chart on the price of copper.  Overlay them.  They're virtually identical.

My take-away is if you're bullish long-term on copper, then MIN is a stock to own.  As others have pointed out on this board, the world's supply of copper will be extremely constrained in the years ahead.  As the price of copper recovers, MIN will recover.

BTW, I am also hearing that the company is planning a major upgrade to the website that will track construction progress on an almost daily basis.  Other good things are coming to promote the company as well including participation in several investor events including PDAC.

I'll be taking a drive down to our mine over the holidays to see first hand how things are progressing.

Hang in there, my friends.  


Bullboard Posts