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Gunnison Copper Corp T.GCU

Alternate Symbol(s):  EXMGF

Gunnison Copper Corp., formerly Excelsior Mining Corp., is a Canada-based mineral exploration and development company. 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 Gunnison Copper Project covers approximately 9,560 acres of land, and it is located in Arizona, United States. The Johnson Camp Mine operation includes two open pits, a fully functioning SX-EW plant capable of producing approximately 25 million pounds of cathode copper per year. The Strong and Harris copper-zinc-silver deposit is located around 1.3 miles (2.4 kilometers) north of Excelsior’s Johnson Camp SX-EW facility.


TSX:GCU - Post by User

Comment by Copper3on Apr 23, 2022 3:23am
399 Views
Post# 34625844

RE:RE:Excelsior Mining to Present a Live-Video Webinar

RE:RE:Excelsior Mining to Present a Live-Video Webinar What are the chances that this raffinate process will work? How long does the current testing take? The well simulation could take months to years to get approved for testing if I heard correctly? I was heavily invested in this stock. Sold the majority of my position early last year. Still holding some and I know people who are heavily invested, stuck and pissed off. 18 months later and there is still no solid solution. The market gave excelsior time to figure it out where the price hovered around 60c. If anything good came in that time it would probably have gone to 1.20 but It took too long with no solid good news after a long wait so the stock took another 50% dive and is sitting at 30c. I am pretty good at reading between the lines and to be completely honest the tone at the last webinar did not sit right with me. I could sense frustration and that spells bad news. I was more anxious after watching it. I have taken a massive hit financially with this stock and it's been a mental nightmare for me and I'm sure many others. I honestly think we are very far from a solution to the problem if there is even one out there. Other issues were fixed quick but this one no... Because it seems to be a very very serious issue. So serious that I'm thinking it could push the company into bankruptcy (hope I'm wrong) If I remember correctly the off the shelf technology I kept hearing about over the years didn't quite work out. It's like trying to put a round tire on a square rim. It won't roll right. I truly hope I am wrong but so far things are not looking good according to what i have seen over the last 18 months. I hope this works out but with each passing month/ our cash position shrinking (management still getting some attractive salaries) the story is becoming more and more of a nightmare to me. I hope I am wrong and things work out. GL to all.
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