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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

Post by Goldblackon Feb 22, 2012 2:48pm
300 Views
Post# 19568311

Employee options expiring Feb 26th

Employee options expiring Feb 26th

I was referring back to my notes on employee options outstanding. On the last audited statments

available ,being nov30/10 the notes to the financial statments showed 1,670,000 options @.24 cents

expiring. I know that at least 675,000 of these options were exercised last month,leaving a maximum

of 995,000 left to exercise. A lot of these may have been exercised last spring. ,but maybe some

employees left it to the last minute to exercise and may be selling some shares today??

   Also shares from the last financing become available for trading on March 4th, so the 43-101

may not be released until then to give these shares the opportunity to trade on the upside when

the resource is released.? Gold now @ $1,779

 

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