Excelsior Mining Corp T.MIN

You would think ...

[ArizonaBilly]

... that increasing monthly copper sales would negate the need for what is essentially more than $30 million in new capital if the warrants and over allotment are exercised.  That's going to bounce MIN up to about 311 million shares outstanding assuming all existing warrants are exercised.

The accountant in me would love to see the company's cash flow projections including anticipated copper sales.

MIN should have waited a day to price this offering.

[LiquidFunds]

The price/warrants price/size was predetermined way before today. Likely explains why the price was so suppressed every time it tries to move up, so the financers get a better price on the deal. The same scheme/game financers play. Greenstone and Triple Flag will be guaranteed to participate to own more of the pie for less. The recent announcement is a little more than a 20% dilution (48.5mil

[Buckfinder]

pefectly said. But there must no be a downmove to 90c... I also own Defiance Silver and they made a PP at 0.33c (share price was 0.4c !! ) - but it never come to the 0,33c level during the PP, always hovering around the 0,4c (so with a premium). After the PP was closed the share price shot up. I think that some financials get an cheap entry price and afterwards everybody has the interest to let