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

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Comment by shahabstarshipon Feb 10, 2021 5:48pm

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Post# 32532491

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

Yes, you are right, in case price goes up, that's 40M shares gifted at $1.10. In case the participants short the hell out of the company, and the company fails they will profit a nice stack while their downside is limited to 20% or so due to the existence of warrants. The latter is probably the more logical path. Let's see how it trades tomorrow.

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