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.

TSX:GCU - Post by User

Gunnison Copper Corp > range bound .92-.93 until PP closes

<< Previous

Bullboard Posts

Next >>

Comment by shahabstarshipon Feb 19, 2021 10:12am

94 Views

Post# 32608632

RE:range bound .92-.93 until PP closes

My guess is some big current holders trying to balance their risk, essentially selling into the market while they get the financing units (which is a better deal: $0.95 + warrant option).

Yes, financing closed will soon lift the selling pressure.

<< Previous

Bullboard Posts

Next >>

Rig Count Soars as Utilization Surpasses Industry Averages