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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 LCP7777on Jul 07, 2015 11:26am
107 Views
Post# 23898575

Even at this copper price MIN makes out like a bandit.

Even at this copper price MIN makes out like a bandit.I'm still very much of the belief that a structural copper shortage is emerging. The recent copper slide is due to China concerns revolving around too much leverage in the Shanghi stock market. It almost doubled in the past year and has slid 32% from recent highs. Problem is a lot of leveraged speculators are in so they are getting flushed out. Copper is very much linked to China's health. At this copper price MIN still should make a buck a lb. About $110MM a year. The beauty of MIN's low low cost.
Bullboard Posts