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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 Geospoton May 15, 2012 5:29pm
227 Views
Post# 19912657

RE: Gold and the venture exchange

RE: Gold and the venture exchange

Gold is not getting hammered so much as the dollars is rising. Most of the sharp decline in the afternoon was attributable to a rise in the dollar vs. the euro. "The dollar index’s 12-session winning streak is the longest since at least 1985," according to The Wall Street Journal. https://www.kitco.com/kitco-gold-index.html The socialists in Greece are playing brinkmanship to get the ECB to fire up the printing presses, which would inflate the southern Euro countries out of debt, but that effectively redistributes wealth from the northern countries. For GCU it's all market/trading psychology vs. fundamentals because gold is still much higher than where it was a year ago when it hit the April 7 high, and drammatically higher than late spring 2010 when the excitement began to build around the discoveries made at Springpole. Except for nervous trading around moves in the POG, it has been looking strong and ready to bounce almost with or without some respite from this Greco/Prussian propaganda war. Also, almost every analyst was predicting a correction in gold before the next leg up. We are now only a few dollars away from a 20% drop from the August nominal high, which would be a normal correction. This too shall pass. Miners and juniors have been beaten down to the levels of a financial apocolypse. Oh, forgive the rambling. All of this just opinion. Do your own DD and good luck to all in these bumpy times.

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