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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

Comment by barisianon Dec 01, 2011 12:49pm
306 Views
Post# 19283556

RE: RE: before NI

RE: RE: before NIScout,

Did they give any indication on what's causing the hold up on the drill results?  A little birdie told me that December 15th was the date that the 43-101 was to be released, but I am starting to think that because of the backlog of drill results, this will get pushed into January. 

The company has stated on various occasions via news releases that the 43-101 would be published sometime late into this quarter.  Seeing as how we are (a) in December now; and (b) still waiting on a plethora of drill results, I am wondering if they will be able to meet that timeline target.  Not to mention, X-Mas vacation is around the corner, so even if the results for 12-14 holes all came back from the lab at once, I am not sure how all that information can be digested and then added into the 43-101 within the next couple of weeks before staff starts to depart for their vacation time.  Producing a 43-101 report doesn't happen over night and cannot and should not be rushed.

In any event, even if the 43-101 were to be published in January, I would still rather have a COMPLETE 43-101, rather than one that was rushed solely for the purpose of meeting the "late in this quarter" time line.

In the mean time, I have decided to paint one wall in my house so that I can watch it dry.  Hey, I need to keep myself entertained somehow, no?

Barisian
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