Bullboard - Stock Discussion Forum 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... see more

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Gunnison Copper Corp > Patience....

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Post by rexrex on Mar 12, 2021 12:35pm

Patience....

Bit painful at the moment. Kind of feel like being beaten in the gut...alas I do hope it picks up....a little waiting never hurt....or maybe it does..Patience...... https://youtu.be/MsUmP1PGBGE

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Comment by rexrex on Mar 12, 2021 12:39pm

Been beaten by large existing shareholders...the last guy was investor relations....the guy taking the beating..".all of us"

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Comment by shahabstarship on Mar 12, 2021 12:41pm

This story is quite clear. With added immunity to the macro developments with copper at $4+ and no need for financing from money markets. Yesterday's call is a liquidity event for the pp participants to sell their residual shares. I just keep buying and stash away. This is the highest conviction trade and best risk/reward profile I have come across since March 2020.

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Comment by Copper3 on Mar 12, 2021 1:51pm

I was quite happy with the company update. We are now sitting at approximately 25% of the value of CMMC. IMO i think that will begin to slowly close up later this year as long as no major issues arise after the CO2 PROBLEM is fixed. I did not realize the monthly burn rate was so high. I can see why a financing was done now.

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