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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 CuJunioron Feb 11, 2021 6:07pm
198 Views
Post# 32547616

RE:Cash raise

RE:Cash raiseThe cash raise didn't bother me.  It is the full warrant that freaked me out.  And the possibility that there could be more of this type of cash raise in the future, always raising money at current stock price and attaching a full warrant.  I say never again!

I believe in Excelsior.  The cash raise makes the stock safer, with little chance of a loss long term, but it cuts into the huge gains I hope to make, especially with full warrant.  And let's face it, no one is buying this stock for safety, they are buying it for the multi-bagger prospects.
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