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 > Warrants are useless

<< Previous

Bullboard Posts

Next >>

Comment by marketsenseon Feb 23, 2021 2:46pm

151 Views

Post# 32638680

RE:RE:RE:Warrants are useless

Ah, Rex, the object is not to exercise the warrants but to sell them at 2x, 3x or more Remember,
those warrants are essentially free if the pp holders sold their stock around.95. Not only
that, it was a perfect set up for the PP's to even pre sell the stock(actually go short) and then
cover in the .90's. I hate these kind of financings but when you are desperate for cash, the
options are limited. Can only hope at the end of the day when the dust settles, it will all
work out in MIN's favour.

<< Previous

Bullboard Posts

Next >>

Understanding tax loss season and the “Santa Claus rally”