Gunnison Copper Corp V.GCU

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

Metals & Mining Copper

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 dsarkon Mar 25, 2013 12:00pm

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Post# 21163485

Reasonable CAPEX

In the day and age when majors are shooting for returns , a CAPEX of $438 M with 15% contingency ($372M) is very good! Now the only question is how is GCU going to raise ~$400 M.

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