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Bullboard - Stock Discussion Forum Gunnison Copper Corp T.MIN

Alternate Symbol(s):  EXMGF

Excelsior Mining Corp. is a Canada-based mineral exploration and production company. The Company owns and operates the Gunnison Copper Project in Cochise County, Arizona. The Gunnison Copper Project is an in-situ recovery copper extraction project that is permitted to produce approximately 125 million pounds per year of copper cathode production. The Company also owns the past producing Johnson... see more

TSX:MIN - Post Discussion

Gunnison Copper Corp > price of copper...
View:
Post by Buckfinder on May 10, 2021 4:00am

price of copper...

metalhead said on 5th March ( approx. 2 month ago) quote: "copper will fall to 3,3-3,4 usd".

Copper now at 4,86 usd and the 6 usd mark this year is - if everything goes our way - not impossible...

GLTA
Comment by metalhead666 on May 10, 2021 7:09am
So?  Does this change anything at the MIN project?  Actually makes you look even more stupid for holding junk that can't move up even at record copper prices. 
Comment by Vercrusse on May 10, 2021 7:21am
any one an idea when they could bring some results ...  production, sales. Their latest presentation is not very helpfull ... Thank you
Comment by metalhead666 on May 10, 2021 7:34am
LOL!  Results from what?  Broken wells flushing untold gallons of water over and over?  Their "presentation" is the same one they've had for 3 years at least! It's nothing but propaganda and a fantasy story with NO actual information about the current state of affairs....you get NOTHING.
Comment by Streicher on May 10, 2021 4:29pm
The quarterly report (1st Qtr 2021) is due out on May 18.  It should provide  updated guidance. 
Comment by brundall on May 10, 2021 4:29pm
Their financials were released on May 7th, here's everything you need to know and maybe some things you didn't want to know..... OUTLOOK Construction of the Gunnison Project was completed as of the end of the year 2019, copper production in solution from the wellfield started, and the Company advanced to the start-up and commissioning phase. Total project-related capital expenditures ...more  
Comment by metalhead666 on May 10, 2021 8:25pm
Sounds like a screaming buy to me! LOL
Comment by metalhead666 on May 10, 2021 8:28pm
" a variety of issues still need to be worked through"  Would those be "garden variety" issues or just plain old multiple issues?  I wonder what they are?  Sure sounds like something you want to mortgage the house to buy eh?  Maybe some of them will be worked out by next year. Or the year after....or....
Comment by dollpartz on May 10, 2021 8:33pm
Ya all that more or less matches the rumors I heard .. except for that 4 month hiatus stuff which made me trim my position severely when I heard it. Fake news? But it sent shivers down my spine. Something of a false rumor, but still, ok, company believes. Cool, but belief, come on .. I believe I am Cleopatra of Epirus reincarnated
Comment by metalhead666 on May 10, 2021 8:47pm
They could have used "hope" or "wish" or "pray" in lieu of "believe".....normally companies would use the word "confident" unless of course they aren't.  Interesting too that there are now a "variety" of issues.  Seemed to me from the CEO conference call that there were two "issues" one of which was fixed.  A  ...more  
Comment by Vercrusse on May 11, 2021 2:45am
Thank you It is not on their website ...
Comment by dollpartz on May 11, 2021 10:41am
  Check the Financial statement on their site, Interim Report and MD and A .. dated March 31st .. coincidently they have 31 million in the bank .. so if its fixable, they should be able to manage it, whatever dire market conditions prophesized by Metalhead
Comment by metalhead666 on May 11, 2021 11:03am
How often do you bet on "if they can fix it"?
Comment by Vercrusse on May 11, 2021 3:06pm
I read the MD&A on sedar in the meantime ... thx