Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Comment by morriconeon Nov 30, 2017 1:33am
147 Views
Post# 27060922

RE:RE:Dilution

RE:RE:Dilution
gold_diggers1 wrote:
............... Is there a chance a buy-out ($1.50 - $2.00/share) will happen.... after all permits granted, financing secured, construction near completion?


No. Not in my opinion. You've missed one step - production start up. The process itself has some risk associated with it.  Companies hate risk and in this case are more likely to wait for production start up to take the last risk factor off the table.  The buyout company's directors will understand if you want to wait a  little longer to reduce the risk even if the buyout ends up costing more. They won't understand if you jump too soon and that one last risk factor blows up in your face when something completely unexpected happens with the company you just bought.and you have to take a huge loss. That's a career ender.
Bullboard Posts