Replies to post #3119 on Excelsior Mining Corp (EXMGF)

[rubberworm]

Thanks for your thoughts AB.

[Revello]

Appreciate your thoughts and views, AB, as always. With JJ's departure and Shawn taking over his duties for now, and with the new corporate presentation, it'd be a good time for Stephen to have another Webinar discussion.

[CMoonDD]

AB, I suggest you go back and look into Nord's old releases. Their had issues that resulted in "temporary" operational costs of around $5/lb. Even with today's copper prices, that would've been cash flow negative. Of course Nord said it was temporary since they didn't have the capital to implement upgrades and bring the project to fruition, but this was due to miscalculations in necessary funding, hence the bankruptcy when they couldn't find it. I know MIN is targeting exposed copper, and only portions of the mine, so it won't be exactly what Nord did, and probably will be cheaper. However, these are all assumptions, and past high cost failures of Nord doesn't necessarily breed trust. Furthermore, if MIN wanted to mine Nord and Strong/Harris, they should've talked about this in the past? Copper prices rose half a year ago, and we've had webinars and press releases. Should they not have at least mentioned that they were considering mining the other properties? Dropping on this out of nowhere seems like an emergency measure, not a carefully planned execution.