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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 hawk_on Jun 11, 2012 10:26am
346 Views
Post# 19999143

RE: Short term...

RE: Short term...

 

What is not  funny is the ability of the 'funders' to drive the shareprice down to secure cheap shares for their 'bought' deal.  Acting on insider information? Manipulating the price? What do you think? Since when is it a "requirement" .  There are other methods if the company was against the wall.  It wasn't.  A rights offering would have been nice.  Granted this is the easy way besides who would loan money to a company with all that gold in the ground? And CIBC is not trading shares in its name this morning, Anonymous is very busy though. I was wrong about accumulation being the plan, let the obvious slip by, they were setting up a financing. A bought deal at 1.30 is a better way to accumulate.  True the burley boys like us, they went to a lot of trouble to set this up.

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