Excelsior Mining Corp (EXMGF)

[Photonics_Guy]

Newsletter from MJG Capital Discusses Excelsior

Matt Geiger of MJG Capital just released a newsletter that discusses Excelsior Mining (TSX:MIN). The discussion of Excelsior starts on page 21 of the newsletter.

Link: 2017 First Half Review

Cool paragraph:
"I am very confident that both of the above permits will be granted in the upcoming 90 days. If I’m correct, this will catch the market off guard and result in a significant re-rating of MIN shares. Considering that permitting worries are one of the key knocks against the Excelsior story, I wouldn’t be surprised to see shares surge up to 40% of NPV (or C$2.27 per fully diluted shared) if/when the company receives its permits."