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.

TSX:MIN - Post by User

Excelsior Mining Corp > I agree tho

<< Previous

Bullboard Posts

Next >>

Comment by giovincoon Mar 03, 2021 9:09pm

204 Views

Post# 32711837

RE:I agree tho

They probably have no good news to share. Why did they delay the start of production a year in the first place? COVID-19 is just an excuse. This is not $200M+ market cap company. It can only produce 1M copper per annum. I'd give .40 to .60 cents target for the share price in 2021.
If they are having problem producing 1M copper, how much trouble will they have to ramp up?
Taseko is diversified and has other producing copper mines, so the story is not the same.