Gunnison Copper Corp 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

Bullboard Posts

Comment by LCP7777on Nov 20, 2015 8:19pm

194 Views

Post# 24311357

RE:Now I'm glad there is no debt

Yes, you are right. Capstone when it's hedges come off is in deep doo doo. I'm long First Quantum (at a pretty low cost base) and I worry about that more than Excelsior. The low cost and low cap ex is extraordinary for MIN. More dilution than preferred is reality. Don't forget that low copper prices will curtail cap ex across the board. As hedges come off a lot of supply will get shut. Demand is still there. This sell off on copper is hedge fund related - kill cause its killable - until its not. IMHO Still has 10 bagger potential.

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