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 > 2017 financing at $1

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Post by Copper3on Mar 01, 2021 7:35pm

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Post# 32691605

2017 financing at $1

Just did a quick search they did a raise of 22 million cdn at 1$ in December 2017. 4 years later we did a raise at .95cents with warrants. imo this doesn't sit right with me. Any one care to elaborate on this? Are they actually having serious issues and favorable financing is not an option? Or is there another reason for this? Would love to discuss.

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