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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 Feb 24, 2020 4:03pm
226 Views
Post# 30727683

RE:Reward and Risk - MIN.TO

RE:Reward and Risk - MIN.TO"The risk and reward do not justify a buy at current price".  I would suggest it all depends on what each investor's time horizon is, where each investor thinks copper is headed long-term, and the fact that in-situ seems to be working just fine in Florence after their initial ramp-up period, for example.

If an investor's time horizon is less than one year I wouldn't recommend MIN.  Beyond that time frame, especially two years or more, MIN is a steal.

I'll ask anyone to tell me what's not impressive with a market cap of $155 Million USD versus a discounted NPV of $730 million USD?  At $3 copper that NPV jumps to close to $800 million.  Looks like a very undervalued company to me.

By the way, I don't think there's anyone on this board who doesn't know MIN has one mine but do they know there is a lot of zinc elsewhere on the property whose value isn't reflected anywhere.
Bullboard Posts