Replies to post #20 on Excelsior Mining Corp (EXMGF)

[LCP77]

Thanks for your post. I think it's a public education process. Stephen has been hosting community consultations. The 200 or so people in Dragoon are being very much kept in the loop. And there are many ways that the people in the area can benefit that are in play - not just talking jobs. There are many aspects to the process and let me assure you that Excelsior is on top of it. Also, there is a large limestone structure adjacent to the project. Limestone will neutralize acid - period.

Also, I did extensive research into what Callinan researched prior to committing to the royalty arrangement. Callinan people did extensive DD and then they hired Snowden who did a 62 page engineering report to do it all again. It gave Rollie Callinan the confidence to advance $6MM so far with more to come.

Greenstone's DD was ultra exhaustive. They also hired local consultants to do a 3rd party review who are of the highest order. It also included meeting with officials from the various agencies that will be doing the permitting.Then they put in $10MM at a 40% premium.

I added to my position by buying a significant amount yesterday.