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 > Warrants are useless

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Comment by rexrexon Feb 23, 2021 2:26pm

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Post# 32638500

RE:RE:Warrants are useless

HisNoodlinessTheFlyingSpaghettiMonster wrote: Rex, what you write makes no sense. If you have such a high conviction that the price will be $2 in a few months, then you buy the warrants hand over fist at 17 cents and make 5x your investment rather than 2x. Under that scenario in a copper bull market, they would likely be trading at 80-90 cents at least. Do you have a basic understanding of options?

Suppose you buy a warrant today for $.20 (to keep numbers even). Suppose the share price of Excelsior is $2. Now you excercised the warrant. Now please show me your total cost. Break the numbers down so I can understand.

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