Gunnison Copper Corp T.GCU

Alternate Symbol(s): GCUMF

Metals & Mining Industrial Metals & Minerals

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

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Comment by CuJunioron Sep 29, 2016 6:40pm

158 Views

Post# 25292784

RE:RE:RE:RE:RE:RE:RE:news

As I posted back on July 19, 2016:

Management can dramatically increase their ownership if they exercise their stock options.

According to the March 31, 2016 Financial Statements, there are 15,386,000 of stock options with an exercise price of CAD $0.30 or less, apparently owned by management. So if Excelsior's stock rises, these options will get exercised.

By exercising these options, and getting most of the votes from individual investors, management could still control the company.

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