Replies to post #806 on Excelsior Mining Corp (EXMGF)

[Photonics_Guy]

Suerte -

I don't think anything is 'wrong' with MIN. We're just dealing with several less than optimal circumstances right now.

1. An unexpected (but not surprising) delay for the EPA UIC permit
2. Recent copper price weakness
3. End of the year tax loss selling

Most resource stocks are off their recent price gains and MIN is no exception.

I just spoke with a company representative. He emphasized that the company remains very optimistic about the future. Talks are proceeding with potential funding sources for the capex. Obviously, it is in the company's best interest to wait on inking a deal until after the EPA permit is formally granted as that will most likely result being able to raise capital at higher levels than we are currently.

Nothing fundamentally has changed. IMO, this is a good time to add shares. But, each person has to evaluate their own risk tolerance.

PG