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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

Post by CopperWaveon Feb 01, 2021 9:51am
253 Views
Post# 32435354

Shorter Sellers - Good news IMO

Shorter Sellers - Good news IMOHi all, as you can see from the following link, short interest in Excelsior Mining jumped to 432k on Dec 12 from above an average of 320-340K shares (which has been stagnant around this number for over 1 year!). That's basically a jumped 100k two weeks before Crux's article that posted roughly a couple weeks after the short interest jumped all of a sudden. Within 15 days from the article, the short interest then dropped back by 100k. This is purely speculation and my thoughts, but please do not take this as advice. In my opinion, based on this quick change of numbers around the time of the article, Crux had another motive (which management stated as well. https://fintel.io/ss/us/exmgf.
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