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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

Comment by ArizonaBillyon Feb 10, 2021 5:40pm
195 Views
Post# 32532413

RE:RE:42,200,000 shares @ CAD 1.10 per share is what this is

RE:RE:42,200,000 shares @ CAD 1.10 per share is what this is
shahabstarship wrote: The only huge difference is the cost basis is not $1.10 but $0.48. Lots of firends and family to feed and offer a free ride to.

Tell me this, if you participate in this bought deal and short the company right away, what is your risk? Downside is literally zero and you are rooting for company's failure.


I'm not seeing 48 cents.  I see 21.1 million at $.95 and 21.1 million at $1.25.  That doesn't work out to 48 cents.

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