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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 metalhead666on May 15, 2021 9:21am
238 Views
Post# 33209604

RE:Excelsior new release

RE:Excelsior new releaseTell me...how many millions of tons of carbonate rock have to be disolved and flushed?  You do realize that the copper is in this host rock right?  No copper comes out unless the carbonate rock is neutralized preventing the CO2 from forming. Tell us how you neutralize the entire ore body, flush it all out and then go re-introduce acid into the void to disolve the copper.  As I understand it and as was shown by the CEO in the webinar...the copper and carbonate rock are married to one another. To stop CO2 from forming when acid is in the field you would essentially have to eliminate all carbonate material leaving behind the copper. So again..how do you do this to what could be billions of tons of rock that fizzes every time they introduce acid?  The stock price is reflecting the very real possibility that this becomes a failed project. From my vantage point I think it's impossible and that the company will be beating back the tide until they run out of your money to blow.
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