Gunnison Copper Corp V.GCU

Primary Symbol: T.GCU Alternate Symbol(s): GCUMF

Metals & Mining Industrial Metals & Minerals

Gunnison Copper Corp., formerly Excelsior Mining Corp., is a copper development company. The Company operates in Cochise County, Arizona, and is focused on delivering pure copper cathode into the United States domestic supply chain. The Company’s projects include Gunnison Copper Project, the Johnson Camp Mine, and a portfolio of exploration projects, including the Peabody Sill and the Strong and Harris deposits, in Cochise County, Arizona. The Strong and Harris copper-zinc-silver deposit is located just 1.3 miles (2.4 kilometers) north of Gunnison Copper’s Johnson Camp SX-EW facility. The Gunnison Project which incorporates a large open pit of predominantly copper oxide mineralization approximately two kilometers south of Johnson Camp Mine (JCM). The Project is a copper cathode and is designed to produce around 167 million pounds of copper cathode annually.

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Gunnison Copper Corp

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Post by FANTOMASon Jul 27, 2011 12:01pm

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Post# 18878496

Way way undervalued @ $ 2.30

This sp gives us a market cap (fully diluted) of $ 278M.
This would equate to 1.8M oz based on $ 150/oz. in-situ, which is industry average (but GCU should be higher than that based on location and deposit type).
But even with this conservative figure, we are valued at JUST 1.8M oz. in the ground, which we probably already have with the results from the Portage/Camp zone.
Anything from the Main zone or East Extension would come on top of that.
And we are still waiting on depth extensions, mainly for the Portage zone.
Strike extension to the SE is another blue sky potential.
Summary: $ 2.30/ share equals 1.8M oz. in-situ (fully diluted) = way undervalued !

FANTOMAS

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