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 gold_diggers1on Nov 30, 2017 2:10am

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Post# 27060975

RE:RE:RE:Dilution

morricone wrote:

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.

Then why did Taseko Mines take over Curis Resources back in late 2014 when the (ISR) Florence project was not even fully permitted and has more risks closer to a populated area?
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https://www.tasekomines.com/investors/news-releases/taseko-mines-announces-friendly-acquisition-of-curis-resources
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GLTA

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