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Re: Photonics_Guy post# 1639

Wednesday, 12/26/2018 5:17:41 PM

Wednesday, December 26, 2018 5:17:41 PM

Post# of 3673
Great review, PG. Just to add a couple of tidbits: I was curious whether ongoing production during Stage I would be interrupted if Excelsior Mining decided to initiate expansion to either Stage II or Stage III. JJ from Excelsior Mining said "no", which is great since that means no interruption to cash flow.

I also asked JJ if Excelsior Mining intended to try to list on NASDAQ or ASE. He indicated they want to list on the NYSE (wow … okay), once they get the share price above $2 USD/share. He said they "have taken two companies to the NYSE in the past so we know exactly how to do it; but it's just a function of our share price at this particular moment." I like that optimism (expectation to get share price above $2 USD/share and listing on NYSE).

Glad Suerte posted the link to the construction timeline on Excelsior Mining's home web page. Great idea by management, and glad they're including photos. Exciting times ahead for Excelsior Mining and its shareholders. I expect that if the current share price stays at its current levels, we'll be seeing some insider buying (including Greenstone, Triple Flag, or Capital Group) at the market. That will really light the fuse for share price appreciation.