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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 gold_diggers1on Dec 23, 2018 12:01pm
113 Views
Post# 29151908

RE:RE:RE:RE:RE:RISK? can you afford it?? What is the potential return?

RE:RE:RE:RE:RE:RISK? can you afford it?? What is the potential return?
j1nxed wrote: You could also ask yourself this. Who is buying into excelsior? Is it the smart money who has access to drill press, detailed metallurgy and pumping tests, engineering plans and a speed dial to management... Or is it retailers that changes stances based on market volatility and movement? All I know for sure is that $90m (75 from triple flag, 10 from Greenstone and 5from altius) more have been committed by the people who actually have access to information us retailers don't

Follow the smart money...... provided that retailers also have the money, time,  patience and mindset (i.e. no panic selling) like them (Triple Flag, Greenstone, Altius)...
i.e. you could also ask yourself... 
let's say the sector is really battered to the point that copper price drop back to $2... and MIN drops back to $0.30s - $0.50s range:
- do you also have deep pockets to invest more (money)
- do you need the money during the down trend of the sector (time)

- do you fear losing all your hard-earned money (mindset)
- do you see MIN still makes money at $2 copper price (mindset) and
- can you ride out the battered down trend copper price (patience)
- assuming all is going well according to plans for MIN (mindset)
.
I feel the pain of those who bought $1.00 - $1.50 (down 25% - 50%) and the frustration of the longs here (could've, should've, would've...when MIN was over $1.30s many times)
.
GLTA



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