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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 ArizonaBillyon Feb 10, 2021 5:40pm
197 Views
Post# 32532413

RE:RE:42,200,000 shares @ CAD 1.10 per share is what this is

RE:RE:42,200,000 shares @ CAD 1.10 per share is what this is
shahabstarship wrote: The only huge difference is the cost basis is not $1.10 but $0.48. Lots of firends and family to feed and offer a free ride to.

Tell me this, if you participate in this bought deal and short the company right away, what is your risk? Downside is literally zero and you are rooting for company's failure.


I'm not seeing 48 cents.  I see 21.1 million at $.95 and 21.1 million at $1.25.  That doesn't work out to 48 cents.

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