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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 CopperWaveon Jan 29, 2021 5:35pm
151 Views
Post# 32426181

RE:Crux is too late, we are producing and MIN is unstoppable

RE:Crux is too late, we are producing and MIN is unstoppableLet's be honest here, Greenstone simply cannot sell because they own far too many shares, they have to basically be ride or die for MIN since that's their only option. Them backing this project and not selling is a no brainer. You think they can just enter the market and start selling off shares? The rest of their position would fly to 0 if they sold even a few as it shows a huge lack of confidence. That doesn't mean they don't want to sell (not saying they do). Just because big corporations invested into a company doesn't mean they are fortune tellers. There are winner and losers based on luck regardless of how smart some of the bigger investors are. Do you remember I think it was called Rubicon Minerals, the 1B market cap junior golf explorer that collapsed to 0 because what looked good on paper didn't pan out on production? Words are words and money is money. We can't simply wait blindfolded hoping it succeeds, management should provide us with some information on the way.
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