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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
Comment by Streicheron Dec 12, 2017 9:29am
200 Views
Post# 27136762

RE:Hard to figure out...

RE:Hard to figure out...I must admit I find the press release unclear. The headline is Min announces the private placement (done deal?) while the text says intends to raise and Clarksons Platou Securities AS and Tamesis Partners LLP have been engaged.. that sounds like the deal is yet to be done.  It would be foolish to announce the price before a deal, so I will take it as slipshod writing.  

Bullboard Posts