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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 Ajax2019on Nov 10, 2020 2:57pm
208 Views
Post# 31871667

RE:RE:RE:RE:Take over candidate? Unfortunately yes.....

RE:RE:RE:RE:Take over candidate? Unfortunately yes.....Working in private equity myself we can safely assume that the majority shareholders would not accept a bid below $2 CAD. They would rather wait 6-12 months to sell at a higher value once there is copper and the technology works. Their return is sh@t if they sell at 50% premium to today. Remember, its not their own money, its the IMs job..
Bullboard Posts