Excelsior Mining Corp (EXMGF)

[Photonics_Guy]

Reasons to own Excelsior

Here are a few reasons why I believe this is a great stock to own:

1. Greenstone Resources Investment: These guys are mining professionals and have done their homework. They invested $250K just in due diligence and now own 50% of the venture. They wouldn't own a dime of the stock if it didn't pass muster.
2. Stock is tremendously undervalued: Presently trading at US$0.68. Should be closer to US$1.50 right here, right now on the FS numbers alone.
3. Permitting Risk is vastly overblown: Creates a rare buying opportunity for those who have done their DD.
4. Minimal CapEx: A CapEx of US$47M to get into production is peanuts in this business.
5. Minimal Equity Dilution: Excelsior is very likely looking at less than 20M shares of addtional dilution....ever! A fully-diluted share estimate of 200M or less is probable.
6. Staged Phase II/III Improvements: Will most likely be funded entirely out of revenues/debt. No additional dilution is the plan.

These (and other) reasons are my opinion, but founded on extensive DD and asking lots and lots of questions.

Best.