Excelsior Mining Corp (EXMGF)

[Arizonabilly]

I think you're right. Dab that lipstick on and see who comes calling.

Quick random calculations: A $1.25 USD purchase price would equate to about a $412 million take-out, or about 25% of NPV at $4 copper. Too low in my opinion. At 40% of NPV $630 million, or about $1.90 a share. Still low but more likely. NPV includes both Gunnison and JCM.

Keep in mind that once Excelsior trades above $1.25, $37 million will come in from exercise of the warrants. Free money to any buyer above $1.25.

And don't forget any valuation added for the former Anglo-American property recently staked.