Read between the lines and why Excelsior will be big....
Excelsior is going to enter production soon and even sooner ship their first shipment imo.. Only a company which is at the brink of moving to the next level is confident in announcing the a $30 Million preliminary base prospectous. I think big news is coming soon. With copper at $3.50 and moving upwards with Vaccine approval and with Electrification of cars, all we need is a news release from the company and MIN will double overnight. Yes this is and should be a $2 plus stock imo...
oenix, Arizona--(Newsfile Corp. - December 9, 2020) - Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQX: EXMGF) ("Excelsior" or the "Company") is pleased to announce that it has filed a preliminary base shelf prospectus (the "Shelf Prospectus") with the securities regulatory authorities in each of the provinces of Canada (other than Quebec).
The Shelf Prospectus, when made final, will enable Excelsior to make offerings of up to US$30,000,000 of any combination of common shares, debt securities, subscription receipts, units, warrants and share purchase contracts, during the 25-month period that the Shelf Prospectus, including any amendments thereto, remains valid.