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Gunnison Copper Corp V.GCU


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

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.


TSX:GCU - Post by User

Bullboard Posts
Comment by Geospoton Nov 09, 2011 4:24pm
275 Views
Post# 19223822

RE: RE: Sell your shares to Sheldon and Eric Sprot

RE: RE: Sell your shares to Sheldon and Eric SprotYes. Amazing buying strength as some weak hands (or one hand) panicked. As someone said, overall compared to the blue chips GCU looked like a safe haven today. Let's hope this strength not only reflects the undervalued state but also portends several good releases coming soon. It would be nice to see a November that comes even close to last year. My prediction is that the next release will be about higher than expected recovery rates and more economical recovery rates than would be typical. One of the things that Quinton, Allen and his team did was to use much larger diameter drills than had been used in the past. This was because what has been described as a toothpaste-like quality to the ore was causing it to be be not fully recovered among the cores in the historical drilling. This weak, crumbly ore structure should also, and any process geologists correct me if I'm wrong, make the deposit easier to process and thus give it a higher valuation. In the same release I believe they will affirm as they have in the past much higher than normal silver ratios, and this by-product, which the analysts seem not to be counting in their estimates, also enhances the economic feasibility. Plus, it would be nice to see some shallow higher grade results that further affirm the economics of a starter pit. As I have said before, I think the smart money--probably the people who bought hand over fist at the end of today--are already looking past the first resource estimate. Good luck to everyone this week and next, except the shorts.
Bullboard Posts