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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

Comment by metalhead666on Dec 24, 2020 4:53pm
396 Views
Post# 32181717

RE:RE:Fun with numbers and why this is a $30 stock....

RE:RE:Fun with numbers and why this is a $30 stock....Good points all...I would argue that a PE of 20 is not unreasonable given two things...1. The unique nature of the project and the "green" title it sports and 2. Everything has an elevated PE and will so long as rates remain this low. I also anticipate a fat dividend....all that free cash flow has to go somewhere...that will add to the appeal.  As to $7 copper...I think it's doable given the future demand profile and supply deficits that only grow over the next number of years.  Regardless of exactly how it plays out it should be abundantly clear that this stock is headed significantly higher by factors as time rolls on.  And yes, I do remember the 70s inflation and it was awful...it sadly could be much worse this time with so many more trillions being created....all the better for copper as a hedge and Excelsior that will in fact behave much like a gold miner.....copper is the "new gold"....I believe it.
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