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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 tanninon Jul 31, 2013 12:07pm
208 Views
Post# 21641556

RE:Another Round of Financing

RE:Another Round of FinancingWould hope that we don't go the route of silver forward financing. When the time comes, would hope we'll pay whatever the cost is, whether it's dilution or interest costs, and raise the money needed. Imo, the forward financing 'solution' can be very damaging to the longer term viability of a project.
Agree, godiswhatever, hang in and hold on is the answer for most of us, though for those with dry powder, add on current weakness, imo.

 

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