Post by
ArizonaBilly on Jan 27, 2021 3:11pm
The Five Nines
I see that some people are getting impatient waiting for a press release regarding production. A lot of us have a lot of money tied up in Excelsior so it's understandable.
For those who are traders rather than investors go chase some of the high flyers. I think long-term investors know they have a good thing here and are willing to wait things out.
Of course, the big question revolves around questions of productivity and quality. I'm expecting the quality to not initially achieve the goal for "five nines". Maybe a little less. But so what, the SX/EW plant has been idle for about six years. Some contamination is understandable because of this. It should be a haircut of a few cents per pound.
As the bugs get worked out, Excelsior will run like a good Swiss watch. Copper will be produced at nameplate capacity and everyone will make a lot of money, in my opinion.
Comment by
metalhead666 on Jan 27, 2021 3:38pm
Couldn't agree more! Added shares today
Comment by
ArizonaBilly on Jan 27, 2021 3:48pm
I'll take a mining company run by engineers over fly-by-night stock promoters any day of the week. I've noticed that those who vigorously promote their mining stock are really promoting cow pasture.
Comment by
CuJunior on Jan 27, 2021 4:12pm
The price won't go up from sharing the story, the price will go up when they make tons of money. I have full confidence in management, and that they will make tons of money.
Comment by
CopperWave on Jan 27, 2021 7:08pm
Yes I'm well aware of everything that has happening with the company as I've been heavily invested into this stock well before you. Marketing is key, regardless of the industry you're in.
Comment by
metalhead666 on Jan 27, 2021 9:22pm
I guarantee you that with copper at $5 or more and MIN producing 125 million lbs of the stuff every year we will no longer be off the radar. IMHO it will be a $10 stock or better and I can build a scenario where it's $30....I'll wait for that. We are at the starting gate...will be a shame if you or anyone else sold out here.
Comment by
shahabstarship on Jan 27, 2021 9:46pm
Maybe I should try to pump it on WSB haha. Bullet sells like today are the kind you want to see, since they are emotion driven and not algorithmically pre-planned, like coordinated shorting or exit of an institutional sshare holder. So the story has not changed, and I hope with the first million hitting the bank from sales, we get that rerate quickly.