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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

Post by Lenny1Kon Jan 28, 2021 10:19am
256 Views
Post# 32408647

What's Wrong With Excelsior

What's Wrong With ExcelsiorCrux Investors put out a quite negative piece on Excelsior yesterday. It can be found on the InvestorsHub site. It questions the technology behind the EXMGF production process, including what differentiates it from Taseko. I am not a geologist, nor a mining engineer. However, it raises disturbing issues that need to be answered immediately by management. Several posters on this board have raised questions in the past re lack of insider buyer, hard to explain personnel moves, lack of communication by the company, apparent slow progess toward reaching commercial production rates, etc. This analysis perhaps gives some explanations for what the real issues are. Only a prompt and complete response by management can resolve the strong doubts that Crux has raised in my mind. 

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