Excelsior Mining Corp T.MIN

Alternate Symbol(s): EXMGF

Metals & Mining Industrial Metals & Minerals

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.

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Excelsior Mining Corp

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Comment by ArizonaBillyon Jan 01, 2020 9:50pm

193 Views

Post# 30509540

RE:RE:copper may be taking a brief rest but

Sogosohubidu201 wrote: Too early to get in MIN.TO. The stage 1 production is small assuming everything is going smoothly, about 25 million pounds of copper with free cash flow about $3 - 5 millions per year in the next 2 years. They will also need $117 millions to get to stage 2 (75 million pounds of copper) in 2022, so about $110 m financing is required. 2023 may be good time to buy.

MIN will be taken out before then, IMHO. 2023 will be too late.

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