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Re: CMoonDD post# 3117

Thursday, 09/09/2021 10:05:02 PM

Thursday, September 09, 2021 10:05:02 PM

Post# of 3591
Go back and research Nord's SEDAR filings. They went bankrupt because copper was $1.50 at the time and they were loaded down with debt.

There's nothing mediocre or bad about today's news. With copper north of $4.30 why not take advantage of this asset.

BTW, three years ago, when I toured the mine, the mineralization north of JCM was pretty well known. Including Strong-Harris.

Excelsior's after-tax NPV is $1.575 billion at $4 copper. It's trading at less than 9% of NPV. That's a screaming deal in my book.