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Gunnison Copper Corp 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

Bullboard Posts
Post by linus4on Jan 22, 2014 2:34pm
171 Views
Post# 22121652

Volume slowing

Volume slowingSeems like some of the bloom is coming off this Rose as the finger traders dry up..Expect to see lower volume numbers each day until the Co. announces to the community terms of next round of financing..
  I agree that an off take deal is certainly possible but wonder if they might not wait for 'final' feasibility before going this route...Quite certain their phone lines are busy entertaining various options...At this juncture , if it is via a PP , likely it would get done near where they recently lowered the insiders options to(around .30 cent level) , which is curiously close to 61.9% retracement for the technical guys..
Bullboard Posts