Gunnison Copper Corp V.GCU

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

Metals & Mining Industrial Metals & Minerals

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.

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Gunnison Copper Corp > So much for OSK buying us out

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Comment by diabase1on Nov 12, 2012 2:06pm

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Post# 20589472

RE: RE: RE: So much for OSK buying us out

As of Sept 30/12, Pinetree Capital held 15,512,900 shares of Gold Canyon. From Pinetree’s website, it says that fair value is $20,491,000 and cost is $10,667,000. To me, the latter number means that Pinetree’s average cost/share for Gold Canyon is $0.69. Is that right? Comments please.

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