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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

Post by Torontonian52on Sep 24, 2013 10:16am
312 Views
Post# 21762742

realism

realism
"the tendency to view or represent things as they really are"


As much as I want GCU to be successful the realist  in me says this is dead money for a long

while.

How long?

Nobody knows?..

What do we have to look forward to?  A couple of infill drill results.

What is that going to do for the stock?

The  only fluctuation   I see here is the price of Gold daily bounces.

The only way to get things back on track is an influx of money.  Say at least 10M.

THis would give GCU enough ammunition to drill the heck out of the new target zones.

Even if we are half as successful as the first big drill program we would have 8M OZ of Gold.

This last PP of 3M plus is just to survive.

The question remains how in the conceivable future can we raise real money at a much higher

share price in order not to cause to much dilution. i can't see it happening any  time soon and

maybe never.

Please feel free to comment for all the board to read.


 


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