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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 catsaftermeon Nov 15, 2012 8:43am
199 Views
Post# 20603039

RE: RE: RE: Marketing GCU

RE: RE: RE: Marketing GCU

well, when you say that I presume you mean the sector in general...because the whole sector but for a select few is in the dumps.  All pure exploration related projects are valued at dirt in the gound, rather than ounces in the ground. Development projects-most are valued at crummy  prices.  Producers-well their valuations depend on cost structure, resource size, etc, with a huge emphasis on costs and the direction in which they are going.  Growth is being paid up for -(new or near term) additional production, as long as costs are in line,  Royalty companies are in the pink.  BUT, this will change at some point. Nobody knows when.M&A is happening, but its a trickle right now. And why? Probably because the potential acquirors dont feel any particular compulsion to act quickly, as prices are heading in their direction, i.e.-DOWN.  When that dynamic changes, and it will, eventually, then the whole ball game changes.  Its probably going to be related to the price of gold. Given that production hasnt really increased too much during the last 10 years, and given that demand has, and assuming that demand will continue to be strong, something gonna give.  It may take time, but it will happen.  Hang in.

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