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To: SwampDogg who wrote (233143)	1/18/2014 4:24:00 PM
From: Rocket Red	Respond to of 312983

go read some more check out cuv why not use copper prices at 3.25 when you get why they used 2.75 instead of 2.50 do tell all cause you have no clue and no point in telling you anything useful Currently 26 known U3O8 and Copper ISR projects in operation or under development globally

To: SwampDogg who wrote (233143)

1/18/2014 4:44:26 PM

From: Rocket Red

1 Recommendation

Recommended By
ayeyou

Read Replies (1) | Respond to of 312983

cuv

Fully Diluted

78.4 million

closing price .82 cents

Min has pretty much same Fully Diluted Shares closed .55 cents

Curis estimates $748-million (U.S.) Florence pretax NPV

Excelsior estimates $1.24-billion (U.S.) NPV in Arizona

not rocket science swampy can you figure this out

To: SwampDogg who wrote (233143)

1/18/2014 5:37:53 PM

From: Rocket Red

Read Replies (1) | Respond to of 312983

Excelsior’s Stock More Than Triples After Prefeasibility Study Results Are Released

Written by Peter Grandich

Saturday, 18 January 2014 04:53

Shares of Excelsior Mining Corp. (TSX.V: MIN) (OTCQX: EXMGF) soared on Friday after the company announced the results of a comprehensive Prefeasibility Study (“PFS”) on the North Star deposit of the Gunnison Copper Project, located in southern Arizona. Gaining 358% on total trading volume of nearly 16 million, the stock closed on Friday at $0.55. The way the share price traded all day, it looked like it wanted to go even higher at the close.

The PFS, which used a copper selling price of US$2.75 per pound, reported a pre-tax NPV7.5 of $1.24 billion, a pre-tax IRR of 59.7% and a payback period of 1.8 years for the preferred “Acid Plant” option. The PFS also reported initial estimated capital costs (excluding sustaining capital) of $284.74 million with average life-of-mine operating costs of $0.68 cents per pound. These values are among the lowest per pound capital and operating costs for copper projects not only in North America, but the copper industry as a whole.

Also included in the report was an updated resource for the North Star deposit, which now hosts a Probable Mineral Reserves of 3.61 billion pounds of copper (632 M tons at 0.29%), a Measured and Indicated Mineral Resource of 3.91 billion pounds of copper (683 M tons at 0.29%) and an Inferred Mineral Resource of 1.40 billion pounds of copper (338 M tons at 0.21%).

With initial production expected to commence in Q4 2016, the company plans to mine the deposit through in-situ recovery with an annual production rate of 110 million pounds of copper for the first 14 years, with a total of 1.682 billion pounds of copper to be produced over the 20 year mine life.

It's good to see the market rewarding great results; Excelsior's big move is a well-earned reward for a solid management team with a high quality project. Today's trading was fun to watch but it should be noted that even at $0.55, Excelsior is still trading at well under 5% of the NPV.

Stay tuned.

Peter Grandich is a compensated consultant to the company http://www.grandich.com/disclosure.html