Excelsior Mining Corp (EXMGF)

[Revello]

Also not sure if the MJG Capital Limited Partners analysis (old - Aug 1, 2016), copy can be obtained at link below, has ever been posted.

Lots have changed (positively for Excelsior) since this analysis was done, but interesting to see how MJG valued Excelsior at various stages, with some very conservative discount factors. Additionally, looks like Taseko Mines finally achieved the litigious ADEQ issuance of its amended APP permit, and are heading towards easy street on the EPA Reg 9 UIC permit, despite the stiff local community resistance to those permit issuances. I think that makes it nearly a foregone conclusion that Excelsior Mining will get its Class III permit from EPA.

[url]http://mjgcapital.com/wp-content/uploads/2017/02/July_2016.pdf