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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 16, 2021 3:21pm
200 Views
Post# 33211643

RE:Can it get any worse?

RE:Can it get any worse?The entire project was "modeled" in a lab...and that is the problem. They never bothered to build a pilot plant to test it in the field. They obviously never planned for CO2 fizzing or the pumps getting clogged or the wellfield spacing not allowing breakthrough etc etc etc....The only "matter of time" that matters is geologic time and that's measured in millions and billions of years. The geology is never going to change here.  For the life of me I can't fathom why any of you would cling to this failure....check that...multiple failures when there are so many other far better defined opportunities...like Taseko, Nevada Copper, European Metals, Vulcan Energy Resources to name my favorites in lithium and copper.  Human beings are strange creatures...so full of self delusion, wish thinking, confirmation bias, superstition etc...unreal.  The problems here aren't typical mining start up issues they are fundamental mis-calculations and desperate hope of a means to salvage things. 
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