Amazing Energy Oil and Gas Co. (fka AMAZ)

[Princess Doji]

GCMN details;

Last evening I had a few hours to study GCMN and the agreement details that are buried in the SEC filings concerning thier extensive mining claims.

These mining agreements are can be quite complex and hard to follow due to the use of so many company names, subsidiaries and affiliates.

Rigatoni had started to detail the various relationships and some began to understand, still, I was confused a bit and started looking into who they are partnered with on part of thier Alaska properties.

First, I had failed to realize the connection and importance of Cougar Gold, LLC. Cougar is a wholly owned subsidiary of Electrum, Ltd. I had not heard of Electrum, but I contacted a friend who is familiar with the mining industry and he told me that Electrum is a private company and it is believed to be in the top 3 of all mining companies in the WORLD. I started looking into Electrum a bit and discovered that they are indeed major investors in mining, a quick review of news indicates that they are involved in financing deals in the tens of millions of dollars with several well known mining firms.
Here is one example of a recent investment by Electrum;

http://www.novagold.com/section.asp?pageid=10202


Fact; Cougar LLC, a subsidiary of Electrum owns 5.6 million shares of GCMN, more than 5% of the company. Source: SEC filings.

According to the filings, Cougar transferred its rights to the Alaska holdings within the agreement with GCMN to a company called Mantra Mining (now called TintinaGold Resources) a company listed on the TSX and included in the S&P Venture Composite Index under the symbol TAU.V From looking at the Tintina website it appears this transfer was done for good reason, Tintina has much experience in Alaska.

http://finance.yahoo.com/q?s=TAU.V

http://finance.yahoo.com/news/Standard-Poors-Announces-cnw-2300050648.html?x=0

http://www.mantramining.com/Default.aspx?m_id=6189

It should be noted that GCMN - according to the filings, owns 45% of the rights to the transferred properties and the agreement requires NO capital contribution from GCMN. Tintania (formerly named Mantra) is responsible for all costs to develop. Tintania does have incentive to increase thier percentage after considerable investment according to the agreement.

In addition, it is important to realize that even after transferring these rights to Tintania, GCMN still retains 100% of an ADDITIONAL 22,000 acres in Alaska.

GCMN is involved very deeply with some heavy hitters, gold prices continue to remain above 1000.00 which makes thier extensive holdings very valuable.

This is still a hidden for now, market cap under 5 million.