Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSX:GCU - Post Discussion

Gunnison Copper Corp > Webinar was great and eased my worries
View:
Post by CopperWave on Mar 11, 2021 5:40pm

Webinar was great and eased my worries

Asked a couple of the questions and Stephen had positive answers. Long story short, as per the webinar, the issue of calcite and CO2 emissions is about timing. The closed-loop system re-uses acid, so regardless of how many times acid is flushed through, the consumption rate remains the same. Increase in operating costs will only be related to hourly labour and power consumption (both of which are not the major source of operating costs). Ignore what metalhead said about flushing, as Stephen already said acid consumption will not change due to re-flushing.
Furthermore, as Stephen mentioned, the calcite is a FINITE resource, in other words, the mining process is a matter of WHEN and NOT will - once the calcite has been flushed out, flow rates will return to normal. GLTA, above are what I've understood to my interpretation -- I urge all of you to watch the recorded webinar. I think the market will react positively to the Q&A session tomorrow! However this is not financial advice and my thoughts only.
Comment by metalhead666 on Mar 11, 2021 5:47pm
The amount of Iron in planet Earth is "finite" too.  They led you on, they failed, they never built a pilot plant, they didn't address any of the CRUX issues at all and I asked them to repeatedly. You have no clue how many cycles of water flushing will be required as Calcite is everywhere!!  That was one of the main points in the CRUX piece..this geology doesn't work ...more  
Comment by YoquiVv on Mar 11, 2021 6:21pm
I believe they already said generally 4-10 flushes, they had a chart where flow rates went up everytime they did a flush. The only costs is time, which will include the fixed costs and water which isn't that much, once that is over then there shouldn't be any problems. It's probably why they did a capital raise so they can operate more wells at the same time, it's just going to ...more  
Comment by rexrex on Mar 12, 2021 1:59pm
Don't fret MetalHEAD, this will pan out just fine.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities