Brien Lundin, in the March, 2017, edition of the Gold Newsletter, refreshes his buy of Excelsior Mining Corp., recently 86 cents. Mr. Lundin said buy four times from September, 2014, to November, 2016, at prices ranging from 25 cents to 38 cents. Assuming a $1,000 investment for each of the four buys, the $4,000 position is now worth $12,213. Excelsior recently transferred its listing to the Toronto Stock Exchange from the TSX Venture Exchange. Its graduation is well timed, says Mr. Lundin, given the stage of operations at the company's Gunnison copper project. Excelsior recently completed a feasibility study on Gunnison and will now start thinking about mine construction. Copper has enjoyed a resurgence since the U.S. presidential election, so Excelsior could soon be producing into a highly favourable market. Mr. Lundin does not recommend chasing the stock at current levels, but advises buying on any significant short-term weakness.
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