Excelsior is developing a low cost copper project (Gunnison; Arizona USA) (Seite 126)

[Kongo-Otto]

Zitat von Karibik02: Der Markt bleibt nach wie vor verrückt! Gute News gehts down bzw. Chartanalyse schiergar unmöglich!
Gute News, egal wo, werden wohl nur zum Verkaufen genutzt!

Leider ja....und das nervt, wenn man sich gar nimmer auf die Indikatoren verlassen kann.

zum TSX Venture:
StochRSI beachten! Hier gab es gestern ein Abwärtssignal!

Wollte bei MIN eigentlich nochmal nachlegen, aber da ich dem Braten derzeit nicht traue, werde ich warten.

Oder wie siehst du den weiteren Verlauf am TSX-V?
Unter die letzten Tiefs?

Wie ist denn nun hier die Meinung bzgl. weiteren Finanzierungsbedarf und einer etwaigen KE im Juni?

Denn das würde den Kurs vermutlich weiter drücken, nehme ich an. Vielleicht kriegt man das gute Teil dann für 0,20€.

[Karibik02]

Hier mal ein Update zum Markt!

Der Markt bleibt nach wie vor verrückt! Gute News gehts down bzw. Chartanalyse schiergar unmöglich!
Gute News, egal wo, werden wohl nur zum Verkaufen genutzt!

TSX Venture:

Ich als überzeugter GAP-Fetischist, sollte das GAP bei 1256 geschlossen werden, um einen nachhaltigen Anstieg in diesem Sommer zu gerechtfertigen!




TSX schaut etwas freundlicher aus:



…so kann man sich irren!

TSX:
http://stockcharts.com/h-sc/ui?s=$TSX&p=D&b=5&g=0&id=p945562…


Venture:

http://stockcharts.com/h-sc/ui?s=$CDNX&p=D&b=5&g=0&id=p97054…

[Boersenkrieger]

Antwort auf Beitrag Nr.: 43.229.516 von sir_krisowaritschko am 30.05.12 22:01:40

wozu ?
der TSX-V bleibt schwach. ich bin im großteil eh mehr bei goldwerten dabei. so lange die ihre neu gewonnene stabilität behalten ist mir das hier erstmal egal. was schwach bleibt fällt dann halt mal wieder in den nachkauftopf.
hab hier 2 mal nachgekauft. werde mal länger warten hier. wenn sie schwach bleiben kauf ich halt zu ansonsten, kann ich damit leben dass ich bei knapp über 0,40 cad meinen schnitt hab. sollte bei der ersten gegenbewegung locker erreicht werden.

[sir_krisowaritschko]

stellt sich eher die frage, ob es eine andere alternative gibt!

[Kongo-Otto]

Sieht immer noch nicht gut aus für MIN, und der Kupfer-Preis geht auch weiter runter.



Es wurde ja mal über eine anstehende KE im Juni spekuliert.
Denkt ihr, dass die das auf diesem Kursniveau durchziehen?

[Kongo-Otto]

Nur Verkäufe heute....

[Last_Man_Standing]

Und wo wir schonmal in die Vergangenheit abtauchen, finde dabei immernoch dieses Interview interessant:

Zitat von Last_Man_Standing: Grandich Client Excelsior Mining



Please Note - MIN is my largest personal holding. The share price is nearing the end of an Apex formation, suggesting its about to make a significant move up or down (point A). The MACD (point B) has just turned bullish giving me cause to think the move shall be up.

Management has been relatively quiet but I believe that’s about to change. I asked MIN’s CEO some key questions this week and his responses are below. I urge “all” speculators/gamblers to take a serious look at MIN ASAP!

Q & A with Stephen Twyerould, President and CEO of Excelsior Mining

Q – What is your 30-seond elevator pitch for Excelsior?

“Excelsior Mining has a large multi-billion pound copper deposit in Arizona that is scheduled for full production in 2015 via the in-situ recovery mining method. This method does not involve digging the copper out of the ground but rather we are going to pump the copper to the surface using bore holes; and because we are going to use this mining method, we fully expect that our operating cost, our capital costs and our environmental footprint will be as good or better than any other conventional copper mine.” This story is all about superior economics – we are projecting operating costs of less than 70 cents per pound and there are few, if any, copper mines in the world that are able to consistently produce at that level.

Q – If the economics are so great, why has practically no one ever heard of in-situ recovery for copper?

The short answer is that it is very rare to find a copper deposit that has all the characteristics you need in order to be able to mine via in-site recovery; in fact, we have only really seen these deposits in Arizona. A geological anomaly has occurred here that has pushed oxidized copper ore bodies below the water table; normally oxides form at the surface so to locate such a deposit below the water table is rare and fortunate for us.

Q – You’ve been on this project since 2005. What attracted you to it?

At first I was thinking “open pit” so I didn’t like the project in the beginning. It has a highway over a section of the main deposit and a railway runs over a section of our secondary deposit. As an open pit, I was thinking break-even at around a $2.50 per pound copper price. However, I then started looking at all the historical information surrounding in-situ recovery. Luckily, we have almost all the core ever drilled on the project – over 200,000 feet. I could clearly see the fractured nature of the core and over a two-year period, I became completely convinced that the deposit could be successfully mined via in-situ recovery. My conclusions have not changed. With every new hydrological and metallurgical drill result that we return, we have yet to see a single test that does not indicate that his is an in-situ recovery project.

Q – Recently the Globe & Mail newspaper ran an article on how the issue of a proposed in-situ copper mine has divided the town of Florence. When you view opposition at projects such as Florence and Rosemont, does this concern you?

This type of thing is always a concern; however, our project is quite different than the others you mentioned. One of the key advantages that we have at our project is that it is situated in a very remote location. No one lives within several miles of the project which greatly reduces any community issues. No one is using the project area to acquire water for drinking or for agriculture. It’s an ideal location for mining and this is proven out by there being an operating open-pit copper mine just over a mile from our site. Almost without exception, the reason that projects are held up during the permitting process is because of community push-back. However, we are in an area of very low population density, in one of the most remote counties in the United States. We are very confident that we will be able to avoid a large scale opposition movement. Having said this, we will still approach our public consultation responsibilities proactively and professionally; we plan to begin our community outreach programs this year.

Q – You have said that this is the greenest, most environmentally friendly mining project that you have ever been involved with. These are not terms normally associated with mining. How is this a “green” mine?

The small environmental footprint is another reason why we do not anticipate significant opposition to our mine. When we have completed the mining of this deposit you will not be able to tell that a mine ever existed on the site. Because we are using injection and recovery wells to extract the copper, there is no permanent scarring of the natural landscape, unlike what happens with open-pit mining. Once mining is completed, the wells are buried and the site can be used for any desired application – including residential development. Furthermore, the remediation of the ground water is even more dramatic. Previous in-situ copper projects have demonstrated that full remediation of the groundwater can be accomplished within 100-days after mining is completed. No other mining method offers this benefit.

Q – So the end result is 100% remediation but what about the impact of the mine during the production phase?

That’s a great question. The in-situ mining method does not involve a lot of the deleterious issues normally associated with mining, such as big holes in the ground, waste dumps, tailings ponds, explosives, and a large mining fleet. All of this will translate into minimizing the things that people do not like about mining – ugly scars in the ground, dust and noise. The Gunnison Copper Project should prove to be a very low impact mine.

Q – So with the confirmation of the “green” mine story, I’d like to go back to the economics. Acid consumption is the Achilles Heel of any oxide copper project. Your deposit is a skarn and generally considered to be a higher acid consumer. What are the projected acid costs?

Both historical and recent metallurgical results indicate average acid consumption to be around 9 pounds of acid for every pound of copper produced. These are good numbers and contribute to Excelsior’s remarkable economic story. One thing that people need to understand is that we are not mining the acid consuming carbonate rocks; we’re going to leave those rocks in the ground. We are only mining the fracture veins, which contain the copper mineralization. Also, it is important for investors to understand that only half of our deposit rests within the higher-acid consuming rock. The lower section of our ore body sits within the Lower Abrigo Formation, which is not a high acid consumer; we intend to mine this section first.

Q – Your Preliminary Economic Study includes the construction an acid plant? Why are you considering this option?

If you are able to produce your own acid on site then you are shielded from any major fluctuations in the sulphuric acid price, and more importantly, your cost of acid is reduced substantially. As you said earlier, acid is the Achilles Heel of any copper project and we anticipate that acid will be responsible for approximately 40% of the overall operating costs, so anything we can do to reduce this cost will have a positive effect on the overall economics. The Gunnison property is blessed with exceptional infrastructure and this includes having the main Union Pacific Railway line running through the property. We will look to bring in sulphur from the west or east coast via this railway line. Another thing that is very interesting is that during the chemical process that converts sulphur into sulphuric acid, a great deal of heat is produced. This heat is used to generate electricity which contributes to the improved economics of producing your own acid. Since we are now talking about alternative energy sources, I should mention that we are also very interested in exploring potential cost savings through the use of solar power. Southern Arizona has one of the best environments in the world for this type of technology and we will be determining the economic case for incorporating things such as solar panels into our mine plan.

Q – The public company is just over one-year old. How was your first year?

We have had a remarkable year of successful field work. As a result of our in-fill drill program, we added over a billion pounds to our resource. Our hydrological and metallurgical results were better than expected. We released a very robust Preliminary Economic Assessment as well as an equally encouraging Economic Impact Study. We have consistently hit our milestones; however, our shareholders are not interested in a technical success; they want a market success. The number one thing we hear from our shareholders is that we “have hung in there” over the last 12 months despite a general downturn in the market. What this means is that the substantial value we created in the last 12 months is yet to register on the share price. We believe this will change and the value will be “added back in” as we advance the project this year.

Q – What are your goals for the company in 2012?

We see ourselves as value creators and this will be our focus again this year. Before the end of the year, we plan to complete a pre-feasibility study. To achieve this, the bulk of the work that we will be doing will revolve around hydrology. We need to map out and understand exactly how the ground water is moving because this will ultimately decide our mine plan. We will also do more metallurgical tests and more infill drilling to upgrade another large portion of our resource to the measured and indicated categories. We hope to announce the details of this work program shortly.

Q – Who are your largest shareholders? Is anyone covering you at this time?

We currently have coverage from four Canadian brokerage firms – Union, Byron, Mackie and Northern Securities. For a relatively new company, I think that the amount of coverage that we have been able to attract is noteworthy. Needless to say, all of these analysts have 12-month price targets well in excess of where Excelsior trades today. Our largest shareholder is the Sullivan Family Trust. These are the children of the former owner of the project, Jim Sullivan. As a whole, management has the next largest block of shares at around 17% on a non-diluted basis. Actually, our Chairman, Mark Morabito has been buying in the market as of late and it is always a good sign to see a management group that is completely aligned with the investor.

Q – What is your take on the copper market both long-term and near term.

I am a big believer that we are going to continue to see higher commodity prices across the board and this is especially true for copper. You really cannot do much without copper; it’s the heart of all industrial applications and so there is always going to be demand. However, copper is notoriously cyclical. The beauty of our story is that the economics of our project do not hinge on a high copper spot price. We like to say that if the copper price is high then we are going to make a lot of money; whereas if the copper price is low we are still going to be profitable; we will still be in business when others are not.

Thank you.

http://www.grandich.com/2012/02/grandich-client-excelsior-mi…

[Last_Man_Standing]

Antwort auf Beitrag Nr.: 43.209.275 von Boersenkrieger am 25.05.12 01:42:24

Hatten wir hier:

Zitat von Last_Man_Standing:

Zitat von Last_Man_Standing: STRONG BUY - 12 MONTH TARGET PRICE: $ 2,60:

http://www.grandich.com/wp-content/uploads/2012/02/Euro_Paci…

Dazu noch:

Euro Pacific sagt: Excelsior Mining ist „Strong Buy“
Posted on 10. Februar 2012 by BörsenExplorer

Die kanadischen Analysten von Euro Pacific bewerten in ihrem gestrigen Research die Aktie von Excelsior Mining (WKN: A1C7JJ, ISIN: CA3007632084) als „Strong Buy“ und geben ein Kursziel von C$2,60 (aktueller Kurs: C$0,83) auf Sicht von 12 Monaten aus.

Die Analysten heben hervor, dass die Produktionskosten der ISR-Minen auf dem Kupfer-Porphyr-Gürtel in Arizona auch schon in der Vergangenheit die geringsten aller Kupferminen weltweit waren. Bei der San Manuel-Mine von BHP, die neben Excelsiors Gunnison-Projekt liegt, betragen die Produktionskosten nur US$0,40 je Pfund.

Bei Excelsior heben sie hervor, dass die Genehmigungsrisiken für das Gunnison-Projekt sehr gering seien, weil hier weder archäologische Artefakte vorliegen, noch ein Interessenkonflikt etwa um das Grundwasser.

Euro Pacific sagt deshalb: „Strong Buy“



http://www.boersenexplorer.de/2012/02/10/euro-pacific-sagt-e…

[Boersenkrieger]

Antwort auf Beitrag Nr.: 43.209.003 von Last_Man_Standing am 24.05.12 23:13:47

ja schon witzig die einfälle derzeit. der witz ist ja es gibt dann trotzdem noch preise von 1,99 €. der kunde soll dann jeweils auf 5 cents aufgrundet abgezockt werden.

zu excelsior noch eine analystenmeinung von februar (vielleicht schon gepostet weiss nicht mehr)

http://www.boersenexplorer.de/2012/02/10/euro-pacific-sagt-e…

kommen auf 2,60 cad. wenn ich das mit übernahmen von 2007 oder 2008 vergleiche, so komme ich konservativ auf einen faktor von 10 von hier an. also etwas 3 cad. nimmt man die hausse mit am top 2007/2008 und vergleicht optmistischer, so kommt man durchaus auch auf einen faktor von 20 oder mehr.

von daher sehe ich 3 cad rum... als normalkurs an.
drunter verkaufe ich nicht. ein resultierender tenbagger aus diese drecksphase müßte eigentlich ein normaler verlauf sein.

[Last_Man_Standing]

Antwort auf Beitrag Nr.: 43.208.665 von Boersenkrieger am 24.05.12 22:08:29

Na, bisher hat mans noch einfach, bzw. eh schon im Geldbeutel:

Zu teuer, zu unbeliebt
1- und 2-Cent-Münzen sollen abgeschafft werden
Donnerstag, 24.05.2012, 16:01

http://www.focus.de/finanzen/banken/eu-parlament-beschliesst…