Gunnison Copper Corp T.GCU

Alternate Symbol(s): GCUMF

Metals & Mining Industrial Metals & Minerals

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.

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Gunnison Copper Corp > 42,200,000 shares @ CAD 1.10 per share is what this is

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Comment by shahabstarshipon Feb 10, 2021 6:36pm

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Post# 32532793

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

I can see the strategy if they want the cash cushion for debt financing into phase 3 in 1 to 2 years. They should be able to raise that much with about 8% internet rate with the cash positon and copper sales by then. A sweet deal for whoever participates. I don't expect this to dip down below 0.90 tomorrow.

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