EXLA .0027 Moving to the 50 day at .0037 this week
Post# of 5942
Kaboom Volume coming in to move back up this week.
Excelsior Gold and Metal Corp Is on the Move
WENATCHEE, WA, Jul 08, 2013 (Marketwired via COMTEX) -- Excelsior Gold and Metal Corp. (OTCBB: EXLA)
The company has been approached by several unrelated Investor groups, wanting to participate in the company. We will delay being more specific until the company works out the details with the financiers.
The company is negotiating with a group in Mindanao, Philippines, who could buy the comapany's entire production. Typically the ore buyer pays for the ore at the mine head and picks up all shipping and other cost. This is the best and most cost effective way for a smaller company to mine, because it reduces the permitting cost, a mill isn't necessary, there is no tailings pond, or environmental hazard to deal with, thus saving well over $10M.
The road leading to the mine is currently being inspected and will soon be repaired in a manner more conducive to productive mines.
Paul Donaldson, PhD
CEO
208-761-5970
EXLA .002 Excelsior Gold Corp. Is Expanding Their Board of Directors to Prepare for Future Growth
stervc
Sunday, July 07, 2013 5:29:03 PM
Re: dcsteve post# 2507
Post # of 2586
With this Acquisition of New EXLA Directors News…
I’ve made the decision to not ignore the negative concerns, but I’ve made the decision to trust more EXLA decisions for bringing on board certain key people to be Directors here with EXLA. I think some are underestimating the qualifications and knowledge of TEAM EXLA that is being created. I am sure that there are some questions that are still needing to be answered, but I can assure you that the gentlemen of Directors are here with EXLA and their properties for legitimate reasons of growth that they believe are achievable within their eyes or they would had never allowed their names to be affixed to EXLA as Directors.
I can’t say it enough that this TEAM is experienced enough to have a plan for success in my opinion or they would not be here putting their names to the company especially considering the importance of the history of the assets .
This recent news below of EXLA bringing on board Roger Gill and John Thomas as Directors for EXLA is subliminally significant in my opinion: