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

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Post by TA_Investoron Jan 20, 2013 8:00pm

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Post# 20863975

re:anyone know why

I think it was tax loss selling as he sold these shares just a few days before the deadline....he did the same thing with UGD....then in the new year he bought back shares in both companies....so it wouldnt make much sense to sell shares in a company and buy them back unless you still believed in the company. That is all in my opinion.

I am long GCU from 84 cents....purely based on the fact that i think its undervalued based on the ounces they currently have and considering its in canada.

Things that worry me are the price of gold as it has been weak for weeks now. Looking forward to the PEA but might consider selling if it gets above 1.10 before then.

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