Excelsior Mining Corp (EXMGF)

[Revello]

Crux Investor has now posted its "article" on ceo.ca this morning. They have 210 followers on that platform.

Link to the posting of the article: https://ceo.ca/@cruxinvestor/analysts-notes-how-old-tech-with-new-applications-can-ruin-your-investment

Still waiting to hear from JJ on whether the company is going to respond in some fashion to the article.

Did get a response from Matt Gordon, founder of Crux Investor and CIO for Ptolemy Capital. I had asked him why the authors of the article didn't reach out to Excelsior Mining for comment/input/viewpoint.

His response: "I'm not sure what a 'hit piece' is, but it presumably needs to be done for some financial gain. We don't short companies, no-one has paid us to write the piece, and we don't own shares in any company which can be considered a peer. And to your point about signing off what the analysts write about, I let them write about whatever interests them that week. In this case, the topic was about old tech with new applications and new tech in mining. Last week was about stacking in sub zero temperatures. The analysts have highlighted their concerns about how the company has communicated in public as to what its approach is to the project; red flags as we call them. The company has the right to address these concerns or ignore them, as it wishes. We can only go on what information is in the public domain. I look forward to seeing if the company wishes to comment and if they do we will publish it."