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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 CuJunioron Feb 10, 2021 6:04pm
209 Views
Post# 32532612

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

RE:RE:RE:RE:42,200,000 shares @ CAD 1.10 per share is what this isI agree with the .48 per share, it is not their cost basis, but how much it is costing them to control a share of stock.

They put up .95 and now control the upside on 2 shares of stock for 18 months.  they don't have to put up the rest of the money for 18 months, after the stock has probably risen and they can purchase using profits.

I would have gladly sold all my shares at .95, and then been part of the PP and get a free warrant.  I wonder if the warrants will trade separately, they are pretty valuable.  I would like to buy some. 
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