Excelsior Mining Corp (EXMGF)

[Arizonabilly]

You would think that increasing monthly copper sales would negate the need for what is essentially more than $30 million (USD) in new capital if the warrants and over allotment are exercised. That's going to bounce MIN up to about 311 million shares outstanding assuming all existing warrants are exercised.

The accountant in me would love to see the company's cash flow projections including anticipated copper sales.

MIN should have waited a day to price this offering.