Gunnison Copper Corp T.GCU

CEO Webinar

[Richiechile]

The corporate presentation has been updated.   A CEO webinar would be welcome.    The Strong & Harris study looks like a complete smokescreen (Great for the future but Rome is burning fellas).   Good news regarding solution to calcite and Johnson restart.   Bad news is further delay, time to permit a new leach pad, more capex (albeit limited relative to $983m NPV) and limited operating data on the central cells to demonstrate ramp up in PLS and PLS grade.    Hopefully Excelsior can raise funding against the Johnson re-start to fund the raffinate neutralisation plant and/or defer the debt.   Light at the end of the tunnel but a bloody long wait...

[comet52]

The recent update looks like an overture to mid tier producers - "buy us out".   Would be a bargain in all likelihood though not for shareholders.  Still would get something above where it's at now.

[Richiechile]

I agree. At $4/lb copper there is a lot of value across all the assets for not much incremental investment. However management need to demonstrate a back stop.The news release makes reference to fresh water cycling stopping on the first 5- spot pattern and sustainable flow rates (presumably on acid raffinate). Fresh water cycling has then moved to a second 5-spot. There are 16 x 5 spot wells. What