is loving all the pm heads up BEFORE they run- keep em coming!
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Time to take another look here my friend! GNCP is gearing up!
Message in reply to:
nice low grab there Elly
I hope those stay profitable for you!
I will add according to what I see...
have a good night everyonesmile
Time for another near term target! It blew past your old wag last time, dd here is good!
Message in reply to:
GNCP near term target $.0012-.0015 imo
GNCP has great dd behind it and the original posters of those posts should be membermarked and the due should be easy for new investors to look at and see it is so much more than just uptick/downtick and who's on the ask and bid with how many!
Thanks EZmoney, I'm glad you found value in it!
Thank you dear :) This stock will surely be a rollercoaster ride as nothing goes straight up. I was here collecting in the .0003/4/5/6 range and then it went up to .002's where I let go of a few on the run, then it went back down where I've been collecting in the 6/7/8/9/1 range. (sitting on 5 but haven't been able to get any)- I even hit the .0011 the other day when I saw it could close there. Stocks will behave like stocks. Ups and downs, and that is ok. No-one has to be upset with a stock for doing what a stock does.
It is obvious there was some dilution happening last week. Some say no, but I have watched too many to not believe that is a fact. I suspect there were old mature notes that came due and the ceo had no choice but to get them over with. CSTI has been in the box shorting as well as nite. CSTI is a retail shorter I believe (or brokerage house- there is a human behind it) and NITE is just on his auto algorithm normal short train.
The thing that I've looked hard at is that hundreds of thousands of dollars of the funders chose to convert stock to restricted stock at a locked in price of .001. (these are in addition the preferred restricted stock buyers) Since they are locked in and cannot sell til next year we know they feel that the .001 price will be a deal once it is time that they are able to sell. You know they will want to make money on that stock that will be free-trading late next year. So really, I'm looking at wholesale value as .001 from insiders in the know. That and the ceo himself is taking restricted stock compensation for his salary.
The facts point to this stock going higher.
In order for the preferred contract to be valid, the company was contractually obligated to raise the AS. Of course, that doesn't mean we don't need to keep an eye on the OS and the float... but thats easy when they are so transparent and the TA is ungagged.
What I personally do is have a trading position and a long position. I do trade it but hold a core. That way if it goes up I'm happy, if it goes down I'm happy. Maybe I could be called a flipper but I don't care. I'm always working to decrease the cost value of my core position and help push and smack the ask at optimal times as well as providing bid support at key points.
The research and potential on this one is rare. It is worth a long position and that cannot be said for many penny stocks, especially those trading in the trips.
I know you are here for 'the long haul' :) but, I don't think that ' GNCP is due for a multi-day run ' is fair to GNCP. That to me is an indication that people should believe it is a a few day momo play.
When I bought in prior to the last run, the couple days was fun, but it was the true test of the long haul for people that took advantage of the pull back and are still here.... because the dd is good, not just a couple day pump :)
Also, the ceo of GNCP helped build BHP, one of the largest multi-billion dollar mining houses valued at $70+ a shares trading on the NYSE. The preferred share buyers probably believe if anyone can get the job done, it is Ted Blom, since he has a proven track record of this kind of thing.
November 2014 is when the holders of these preferred shares will make a decision to convert to whatever number of common shares or keep their preferred investment and receive their .06 divy is the way I understand it. That is about $240k of dividend payment.... yearly I believe- which beats the heck of out big money putting their $ in savings or cd's. I'm thinking that the way they went about it, investing to complete that acquisition as not to dilute the stock today must mean they have a pretty strong belief there is gold to be found.
This is 1 year restricted preferred stock that is valued at $1 with .06 dividend. It is series A convertible which means it does have a conversion rate in which the holder can choose to convert into ? number of common in November 2014 if they so choose to. It is all in the filings.
NOT MY DD!!! I'm just posting it since I've been here awhile and have seen some amazing research posted by others and knew it had to be shared with those that are looking into it this weekend!
Those posters have full credit and should be given a membermark for their contribution!
Link back on each post to see the original message, images and link to that posters profile so you can give them a membermark!
have a great weekend all :)
GNCP CEO 'distressed' at sub-penny price:
Email from CEO:
XXX,
My apologizes for not getting back to you sooner.
I truly appreciate your support and that you have me on notice! I will follow through on what is required and as I promised.
I am very sure that I will continue to have upset stockholders for as long as our stock price remains so low and in fact, sub penny, very distressing to us. However on the bright side, at least we are not seeking Capital, like so many other Junior Mining Exploration Companies, in that case, our current stock price would really be a problem.
Best,
Ted Blom
****Here it is! email confirmation!! no increase to float!
link back to see email
Link back for email- <<this just in>>**11/21 Email from GNCP CEO**
Golden Sierra the subsidiary of Great West Gold, Inc.
http://www.sec.gov/Archives/edgar/containers/fix020/802206/000101376205001088/june30200510qsb.txt
Golden Sierra controls one hundred (100%) percent of Mockingbird, Great West,
Hall (Dandy), and Pocahontas, being the gold mining prospects in Mohave County,
Arizona.
GNCC Capital has reached an agreement to acquire the “White Hills” gold exploration properties for aggregate $10 million. GNCP will form a new wholly owned subsidiary, Subco, to hold the gold property.
http://www.ibwire.com/articles/news/1/7193/gncc-capital-gncp-to-acquire-white-hills-gold-exploration-properties-for-10-million
This must be why the White hills Exploration Co is only a couple of weeks old.
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=141043044154053066059055066161103075146154067133
Heres A little DD sharky
PROPERTY NAME
: Ester Basin Property
Township 12N, Range14W, Sections 20, 21, 27, 28, 33, 34
BASE and MERIDIAN:
Gila and Salt River Base and
Meridian
http://www.mcintyrebaumangroup.com/abstracts/ester.pdf
TYPE OF WORKINGS:
Underground operations and open pits from 1880ís to 1940ís. Includes historic Ester, Lead Pill and Red Top Mines. Numerous open pits, adits and shafts on property.
Heres are some of the claims listed below
SECTION 20
SECTION 21
SECTION 27,28,33,34
SECTION 28
SECTION 34
ESTER WAS ALSO CALLED THE LEAD PILL
Al Capone's Vault http://investorshub.advfn.com/boards/board.aspx?board_id=19446
McIntyre & Bauman Group currently has equity investments in mining companies (or holds mining claims or royalties) with the following mineral properties in Arizona and California.
http://www.mcintyrebaumangroup.com/mcb_properties_az_ca.htm
Gold / Silver
1. Ambassador
2. Bonanza
3. Bouse
4. Burnt Well
5. Clara Moro (available)
6. Golden Eagle
7. Mockingbird
8. Oatman
9. South Copperstone
10. Treasure King
11. Yaba
21. Silverfield
22. Ester Basin
23. McCracken Gold
24. North Rawhide
This is a very brief overview of these mining projects.
http://www.businesswire.com/news/home/20071217005855/en/Hunt-Gold-Corporation---Corporate-Update
The “Mockingbird” Property:-
Dr Wayne P Colliston, compiled this report in August, 2004 on the “Mockingbird” gold (silver – copper) property.
At the gold price of approximately US$400/oz (in August 2004), this provides a value estimate for the deposit in the range of up to $400 million. The estimated gold resource does not include the potential of the 16 gold placers identified on the property. At the current Gold price of circa US$800/oz, the revised and updated valuation report being prepared by Dr Colliston, will be significantly higher.
INTRODUCTION:
The Projects are located in the historic Mockingbird Mining District, about 50 miles (80 kilometres) southeast of Las Vegas. The project area is on federal lands about 5 miles (8 km) west of the major Las Vegas / Phoenix highway and within 10 miles (16km) of the Colorado River; it comprises of 4 claim groups spread over 2,500 acres.
As such, enough is known about the Projects to warrant reassessments of their mineral resource potential.
In Arizona, the Company will enter one of the most exciting and historical gold producing areas in the USA with its new high potential gold projects namely, the Mockingbird and Great West Gold Project including the four claim groups. Significant reserves and gold mineralization are expected at depth, constrained by the structural controls associated with the Mockingbird detachment fault.
The sources of information available at the time of compilation of this report have been extracted from reports of the US Geological Survey, reports prepared for Golden Sierra Limited (a wholly owned subsidiary Company of Hunt Gold Corporation) and references from the gold industry including other Arizonian gold projects.
The resource potential available to the proposed future operations has been estimated by the project managers and consultants based on data drawn from reports and records related to the Golden Sierra Limited and previous operations. There is no reason to doubt the authenticity or substance of those records and we believe that for the purposes of this report the estimates extracted from those reports could be acceptable.
A complete audit of the information available at the time of compilation has not been carried out, and the valuation of the mineral potential contained in this report assumes that confirmation of certain of the resources will be carried out at an early stage of exploration.
The investigations have concentrated on the review of the gold resource within the Mockingbird Project area and have relied on estimates and proposals as provided by Golden Sierra and previous data to make the review and estimates. There is no reason to doubt the information so obtained.
TITLE
Mining title consists of 2500 acres (1,011.72 HA) of mineral rights and comprise a number of federal claims namely:
Lode deposits: three
Placer deposits: sixteen.
And Claim Groups, which consist of:
The Mockingbird Claims, the Dandy Claims, the Great West Claims and the MP Claims.
It is significant to note that the claim block includes four existing mines namely, Mockingbird, Great West, Hall (Dandy) and Pocahontas; all these mines contributed significantly to the past gold production in this important gold producing mining district.
PROJECT OVERVIEW AND PAST EXPLORATION
The Mockingbird Project involves an important new type of Arizona gold deposit, called a “detachment fault” deposit. Detachment fault deposits were first recognized as a separate form of gold deposit in the 1980’s. The best example of an Arizona detachment gold deposit is Copperstone (Figure 1), which, like Mockingbird is in the highly extended Western Arizona terrain near the Colorado River.
Copperstone was the biggest gold discovery in Arizona in at least 50 years. Cyprus Gold profitably mined the 500,000 oz open pit resource during the 1980’s. Based upon the underground drilling by American Bonanza, it appears that the underground high-grade resource is even larger. This is however to be expected from the style of mineralization associated with detachment faults.
Unlike Copperstone, Mockingbird is an historic gold producer, producing some 15,000 ounces from high-grade ore at a weighted average grade of 0.8 oz/T. A majority of this production was from the Mockingbird Mine itself, which is the centerpiece of the Company’s land position. Other mines producing gold were the Great West, Hall (Dandy) and Pocahontas Mines, all of which are included in the claim block (see Wilkins 1982).
A gold rush was initiated at Mockingbird during the 1980’s, with many companies providing large amounts of exploration activity. Anaconda, who acquired the Mockingbird Project, focused exploration on the area east of the historic Mockingbird and Great West mines, and lying beneath the surface trace of the Mockingbird detachment fault.
Anaconda estimated a deposit of at least 10 million tons of .05 to 0.1 oz / T gold. This means the deposit is in the range of 500,000 to 1,000,000 ounces of gold, approximately the same size as Copperstone. This estimate does not include the additional vein material included in the earlier mentioned Wilkins Report. Joe Wilkins assessed the deposit for Gulf Mineral Resources in 1982 (see “Economic Geology of the Mockingbird Mine Area”) and assumed a deposit of at least 500,000 tons at 0.1 oz / T from just the surface veins. The project was turned down as Gulf was of the opinion that the project was not big enough. Santa Fe Gold (now part of Newmont) acquired a claim block at the historic Mockingbird mine. Although their work showed anomalous gold in numerous samples, Santa Fe cancelled the project without drilling on the erroneous theory that the gold was largely found in veins and not in wall rock.
It is clear that in making this decision, the structural geology controls on the mineralization were poorly understood. This left the door open for Anaconda, which acquired two square miles of claims (all included in the Companies’ land position). Anaconda geochemistry delineated numerous gold anomalies. A seismic survey confirmed that the detachment fault was largely horizontal under the eastern portion of their claim block.
There is little subsequent exploration history on the property. Arco (Anaconda’s parent company) shut Anaconda down and abandoned the project. Chevron then staked the same area, did their geochemistry and selected drill targets. Chevron then merged with Gulf, and the combined unit was under the management of former Gulf personnel. As explained above, Gulf had previously turned down the project and now moved to terminate it. Western States next acquired the property for several years and apparently only did some trenching.
GEOLOGY OVERVIEW:
The Mockingbird Mining District is situated along an undulating pediment along the east flank of the Black Mountains and occurs in the “basin and “range” province of the south-western United States. The province has undergone crustal extension, with the development of symmetric structural arrays such as horsts and grabens, with the horsts being the ranges and the grabens being the basins in the “basin-and-range topography. Igneous activity (basaltic volcanism) occurred with the extensional faulting during the Mesozoic to the Cenozoic. The Mines in the district are situated along a distinct N30 degree west linear feature that cuts across the Black Mountains and displaces all older lithologic and tectonic features. The NW trend is probably a late tertiary, basin and range fault zone that localized and preserved the mineralization at the mines
The geology and mineralization of the Mockingbird District is strongly influenced by Tertiary-age detachment faults and younger high-angle normal faults, associated with the abovementioned crustal extension. The regional geological setting is a major detachment fault (called the “Mockingbird Mine Fault”; Faulds et al., 2000) separating tertiary volcanics in the upper plate from Precambrian gneiss in the lower plate.
Mineralization is found in both quartz veins and breccia zones hosted by steep faults. The mines in the Mockingbird district are located along northwest to east west striking, north-dipping to flat quartz veins containing specular hematite, oxidized copper minerals and free gold.
The nature of the structures and mineralization further suggest potential for another type of ore deposit – that of the strong likelihood of a major detachment fault associated gold / copper deposit, similar to the proven and mined Copperstone and Mesquite deposits. This was the working hypothesis of Anaconda and, later, Chevron. Unfortunately, the hypothesis could not be tested; neither company drilled the property because of project cancellation resulting from shutdown of the company (in the case of Anaconda) or merger (with Gulf, in the case of Chevron).
Surface and dump sampling shows a close correlation to Copperstone mineralization with the following average grades for all samples:
Gold - 0.09 oz/T; Silver - 0.3 oz/T and Copper -0.4%.
Chevron’s geochemical work suggests two undrilled anomalies in Sections 26 and 35.
Sixteen Placer gold deposits have been identified on the claims area, but have not been tested to date.
EXPLORATION MODEL:
The Mockingbird Project area has the potential for the development of a large gold reserve.
Expectations are high that a resource will be confirmed by following the known mineralization, (a) eastward (in the case of the Mockingbird Mine) and (b) north-eastward (in the case of the Dandy and Great West) under the detachment fault. The deeper Mockingbird gold mineralization is expected to occur in northwest-striking, moderate to shallow dipping fault zones related to the Mockingbird fault structural horizon in the footwall of the fault (Precambrian basement gneiss). The expected gold mineralization will be associated with breccia zones where the fault rock has been intensely sheared, altered and replaced with intense hematite and magnetite, chloritization, silicification and copper oxides related to the fault. Without the benefit of Anaconda’s work, it will be necessary to re-do some geochemical and geophysical work to select drill sites.
The Mockingbird Area is modelled as a lower plate deposit, and east of the Mockingbird detachment fault the lower plate is buried. This area east of the fault is where most of the former claims occur; however large scale mining did not acquire the historic Mockingbird, Dandy and Great West Mines which are west of the fault where the lower plate is exposed.
RESERVE REVIEW
Anaconda estimated an Inferred Resource of at least 10 million tons of 0.05 to 0.1 oz/T gold with additional resources of silver and copper. US Geological Survey Open File Report 92-002 and the Arizona Department of Mines and Mineral Resources corroborated these estimates. Underground operations and an open pit have previously been established with initial assay results and informal sampling confirming widespread surface gold mineralization, some of which is high grade gold (2 oz/T).
The deposit size may be in the range of 500,000 to 1,000,000 ounces of gold. At the gold price (in August 2004) of approximately US$400/oz, this provides an estimated value for the deposit of US$400 million. At the current Gold price of US$800/oz, this Project has a considerably greater value.
The estimated gold resource does not include the potential of the 16 gold placers identified on the property.
CONCLUSIONS AND RECOMMENDATIONS
Conclusion
From the assessment of the Mockingbird Project Area the following conclusions are made:
1. The Mockingbird Project is a relatively high tonnage, low-grade potential deposit. It has an Inferred Resource of at least 10 million tons with variable grade of 0.05 – 0.10 oz/T (1.55 – 3.1 gram/ton).
2. The gold resource is estimated to be of the order of 500,000 to 1,000,000 ounces of gold; this excludes the potential of the 16 gold placers on the property.
3. Silver (0.3 oz/T) and Sulphide mineralization (copper: 0.4%) may also show potential during future development on the whole property.
4. The gold resource can be raised significantly by drilling for the subsurface extension of the Mockingbird Detachment Fault, with the expectation of discovering high volume mineralised detachment fault deposits.
5. The sixteen identified placer deposits are easily mineable and also have the potential of raising the gold resource.
Recommendations
Extensive exploration at greater depth should be considered as very important
The “Golden Eagle” Property:-
The Gold and Silver Mining Exploration Projects controlled by Golden Eagle Limited are situated in Imperial County, California and extend to an area of 3,345 acres. The historical Geological work indicates potential reserves of up to 5 million ounces of Gold.
GEOLOGY:-
The regional geological setting is dominated by a major low angle fault system that occurs throughout the south-eastern Chocolate Mountains, and which is commonly known as the Sortan fault. At the Golden Eagle, this structure probably connects up with a similar structure to the north. Most of the gold occurs in a breccia unit related to the Sortan fault that strikes northwest, dips northeast and juxtaposes Jurassic Winterhaven Formation against lower plate gneisses which have been extensively intruded by biotite alaskite phases of the Marcus Wash peraluminous granitic complex. Previous drilling by Santa Fe Resources did not test any along-strike or down-dip projections of this structure, which appears to be concealed by shallow Tertiary to Quaternary alluvial cover. Possible additional targets include mineralized megabreccia lenses of gneiss within the Bear Canyon conglomerate unit.
POTENTIAL:-
The Golden Eagle property is located between the Mesquite gold mine and the Picacho gold mine. Mesquite was mined by Newmont for over 15 years and produced 154MM tons of ore at an average grade of .026 OPT, for a total of 4MM ounces gold. Newmont proved an additional 42.9MM tons at .021 OPT, which the present owner (Western Goldfields) plans to develop. Picacho was the flagship gold mine of Glamis Gold, producing 388,000 ounces of gold from 1981 until the mine’s closure in 2000. Geochemical work by MagnaChem Exploration demonstrated the similarity of the mineralization at Golden Eagle to the arsenic-rich peraluminous gold systems at both Mesquite and Picacho.
The “Ambassador” Property:-
COMMODITIES: Gold, silver, copper.
LOCATION
STATE Arizona, COUNTY Yavapai
SECTION(s): 21, 22, 27, 34
TOWNSHIP: 14 North RANGE: 2 East
BASE and MERIDIAN: Gila and Salt River Base and Meridian
NUMBER OF FEDERAL CLAIMS (US Forest Service Land)
LODE: 1
PLACER: 10
TOTAL ACREAGE OF PROPERTY: Approximately 1,600 acres
CLAIM GROUPS OWNED or CONTROLLED: AM Claims, Ambassador Lode Claim
PROSPECTING PERMITS: None Needed
MINERAL LEASES: None Needed
TYPES OF WORKINGS:
3 adits, 2 inclined shafts, 600+ feet of drifts and 3 stopes following the known ore shoots.
RESERVES:
POTENTIAL: 3,125,000 tons oxide ore @ .071 OPT gold and .210 OPT silver. 2,058,000 tons sulfide mineralization @ .387 OPT gold, .771 OPT silver and .253% copper.
GEOLOGY:
The regional geological setting is predominantly preCambrian, with an embayment of quartz diorite bounded by schist to the north and east and by the Shylock Fault Zone to the west. Locally, the principal types of gold deposits are (1) preCambrian gold-quartz veins in igneous rocks (the type of deposit at the Ambassador), (2) Mesozoic or Tertiary gold and gold-silver veins in metamorphic rocks and (3) scattered preCambrian gold-quartz-tourmaline VMS deposits.
In the Ambassador project area, the dominant rock type is quartz diorite. In the western part of the claim block (West Hills), dikes of granodiorite porphyry cut across the quartz diorite. At the Ambassador mine and in the East Hills Area east of the mine, there are gold-quartz hypothermal veins, which were deposited under conditions of high temperature and pressure, probably genetically related to the later stages of emplacement of the preCambrian age quartz diorite mass.
The project is located in the Black Hills Mining District, which is immediately south of the Verde Mining District and immediately west of the Cherry Creek Mining District. Each of these districts has seen significant past production of gold, silver and copper.
Well-known area mines include the United Verde, United Verde Extension, Yaeger, Monarch and Logan Mines.
POTENTIAL:
Past exploration by UNC focused on sampling of the underground workings of the Ambassador Mine, and also delineated mineralized areas for further exploration in the East Hills and the West Hills. The sampling showed good gold grades at the mine exposures and the potential for developing an economic ore deposit of over 1,000,000 ounces of gold and gold equivalent silver and copper credits through a staged exploration program. UNC abandoned its mining business in order to focus on its milling business, allowing this promising project to lapse prior to initiating drilling. The locally available infrastructure is excellent. While the neighboring ranch has since been subdivided, the mine is over .5 mile from the nearest development and there is a separate access road directly to the mine. In light of the present level of precious metals prices and obvious prospects for further increases, the time is ripe to resume exploration of this promising property.
ABOUT HUNT GOLD CORPORATION
Hunt Gold Corporation (formerly Prime Time Group, Inc. had interests in wireless products and services for today's youth market. Prime Time Group also has had interests in the retail oil and gas, convenience store, all of which were complimentary. The Company had an interest in PR-7, Inc., the exclusive master Franchise of the largest Convenience store chain in the World for Puerto Rico and the Caribbean, which operates 14 convenience stores in San Juan, Puerto Rico. Hunt Gold Corporation no longer has any of these interests, all have been terminated.
Hunt Gold Corporation is now exclusively focused on its Gold Mining & Exploration properties, acquired from Fortress Financial Group, Inc. and other minority stockholders.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
Contacts
Hunt Gold Corporation
Peter J Bezzano, 954-840-6956
investor@huntgoldcorp.com
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89197007
"...Management is of the opinion that this acquisition, coupled with existing portfolio properties should secure an enhanced economic base for the Company going forward....
...The Company's strategy is to generate revenue streams from the Joint Venture Agreements on its Properties, the proceeds to be deployed in the acceleration of exploration for other potentially viable Gold Properties in its portfolio, thereby leading to further Joint Venture Agreements, and cash flow.
The Company will also expend funds on further development on certain of its properties with a view to a sale of advanced stage exploration properties. "
I think we are closed to what Mngmt has envisioned in the short term...
No Reverse Split, no funding needed til at least Sept. 30 which is their new fiscal year.
NEWS GNCC Capital, Inc. Update to Stockholders
Thursday, November 14 2013 3:21 PM, EST Business Wire "Press Releases - English"
NEW YORK --(BUSINESS WIRE)-- GNCC Capital, Inc. (OTC:GNCP) provides certain key updates to its stockholders.
The Companys Management has taken note of the numerous stockholder requests for regular updates through Press Releases on its operations and undertakes to do so going forward and on a very regular basis. We thank those stockholders who took the time and the effort to reach out to us on this issue.
In order to further improve its stockholder communications, the Company has retained a design firm to immediately update and improve its corporate web site over the next week and to work closely with a Social Media firm to dramatically improve our stockholder communications as well the image and profile of the Company in the investment community.
The Company has been besieged with requests as to whether or not a Reverse Split of the Companys Common Stock is being contemplated. Company Management hereby undertakes to its stockholders that no Reverse Split of the Common Stock is under consideration nor would such an action be considered to be in the interests of our stockholders. Any rumors to the contrary, are false and misleading.
The Companys Management will be updating its stockholders next week on its current planning for its White Hills Gold Exploration Property in Arizona as well as further updates on the additional Exploration Properties in the Companys Portfolio.
The Companys strategy remains that of working to generate revenue streams from the Joint Venture Agreements on its Properties, the proceeds to be deployed in the acceleration of exploration for other potentially viable Gold Properties in its portfolio, thereby leading to further Joint Venture Agreements, and cash flow. The Company will also expend funds on further development on certain of its properties with a view to a sale of advanced stage exploration properties.
The Company does not require any additional funding in this fiscal year in order to achieve their stated objectives. The Companys management has secured the requisite funding to meet its stated objectives for this fiscal year.
The Companys Management is working to monetize its existing assets and would still seek to acquire additional assets, should they be of a strategic and economic fit; in order to secure sustainable revenue streams for the Company.
About GNCC Capital, Inc. :
GNCC Capital, Inc. is primarily a Gold Exploration Company , with a secondary focus on Silver Exploration. The initial exploration properties are located in Arizona and consist of White Hills, Esther Basin , Burnt Well, Clara, Kit Carson , Silverfields and Potts Mountain ". The Company intends to create significant value for its initial portfolio of properties through continued exploration, joint ventures, and through the acquisition of additional Gold and Silver Exploration assets. GNCC Capital, Inc. is a current information filer on the OTC Markets under the symbol GNCP.
Forward-Looking Statements
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file with the OTC Markets Group.
GNCC CAPITAL, INC. N.E. Ted Blom, 702-942-3347 President & CEO corporate@gncc-capital.com or Investor Relations: E Mail: ir@gncc-capital.com Web Site: www.gncc-capital.com Twitter: https://twitter.com/GNCCCapital [We would be very appreciative if all investor questions be directed to this E mail address and not to our telephone voicemail until such time as we have appointed a dedicated Investors Relations Firm whom will deal with all telephonic enquiries]
Source: GNCC Capital, Inc.
The Kit Carson Silver Project last operated by Magma(later BHP Billiton)
Quote:which was only mined to shallow depths.
http://www.gncc-capital.com/KitCarson.html
Quote: Blom transform and propel General Mining Ltd into the world's largest listed mining house, BHP Billiton
http://www.linkedin.com/pub/dir/Ted/Blom+MBA
BHP trades over $70 on NYSE
Another BHP connection-Blom knows exactly what he's doing-
'Senior Manager Finance - Gencor /Billiton
BHP Billiton
Divisional Finance Senior manager responsible for the two largest profits and growth divisions
http://www.linkedin.com/pub/dir/Ted/Blom+MBA
GNCP 'Phelps Dodge-Acquired by Freeport-McMoRan in 2007.
Ester Basin gold deposit was previously included in a Phelps Dodge gold project -
Phelps Dodge did geochemistry and magnetic surveys, as well as preliminary drilling. Ester Basin Project claim block includes certain Phelps Dodge drill targets for the next drill campaign that was cancelled.'
http://www.gncc-capital.com/EsterBasin.html
READ UP FOLKS......... I did too Stevo..... Got almost 2 milly of them. Thanks very much to whoever sold them to me!!! They will be GOLDEN very very shortly. People who buy stocks (ESPECIALLY ON THE OTC/PINK MARKETS) should take their time to READ the filings (IF AVAILABLE AND WE KNOW THEY ARE HERE) to understand the full depth of what they are buying a piece of.
Now I understand flippers will flip, pikers will pike, shorters will short, and investors will invest (facts of the game). However, there are very very very VERY few times a person off the street (a man/woman who works for a living) can get in on something way undervalued at rock bottom prices. That's what we all have here. You think this company is just filing 50+ filings in less than a year to run a pump and dump on a stock trading in the triple zero's? Investors investing MILLIONS of their own dollars into it too? ACCEPTING RESTRICTED STOCK (FOR ONE YEAR ON RESTRICTION)? My advice if you do think these things is ****STOP****, ****READ****, ****LEARN****, AND ****FULLY UNDERSTAND**** WHAT IT TAKES TO MAKE A COMPANY A SUCCESS, HOW A SUCCESSFUL COMPANY WHO HAS THE GOODS WILL KEEP THEIR SHAREHOLDERS INFORMED, AND HOW TO SPOT/INVEST YOUR MONEY A COMPANY WHO DOES THESE THINGS (TRANSPARENCY)!!!
Sit back, RELAX and enjoy the show you guys are fixing to witness here on little GNCP. Oh yeah, accumulate when you can and what you CAN AFFORD/WON'T MISS because from what I'm seeing, IT'S GONNA BE A HELL OF A FUN RIDE SOON...........
Also, if you have some time..... read the following links about convertible notes, preferred shares, and how these financing vehicles relate to your investment in common stock of a company your invested in. Become informed because knowledge is key!!! Then ask yourself this question, "WHAT DID THESE 13 INVESTORS SEE WITH THIS COMPANY TO MAKE THE INVESTMENT THAT THEY HAVE INTO IT"? If your answer to that question is a "PUMP AND DUMP" in the .000's...... You may want to walk away from trading/investing all together because you will not ever be successful in either. FACTS ARE FACTS and BS IS BS.... company's who file 50+ filings in PINK LAND as in depth as this company has IS FOR DAMN SURE SERIOUS ABOUT WHAT THEY ARE DOING!
http://techcrunch.com/2012/04/07/convertible-note-seed-financings/
http://www.startuppercolator.com/your-first-vehicle-for-fund-raising--convertible-notes-or-preferred-stock-07-19-2012/
http://en.wikipedia.org/wiki/Convertible_bond
http://en.wikipedia.org/wiki/Stock_dilution (shares here are RESTRICTED)
http://en.wikipedia.org/wiki/Preferred_stock
http://en.wikipedia.org/wiki/Public_float
http://en.wikipedia.org/wiki/Restricted_stock (BIGGY)
http://en.wikipedia.org/wiki/Convertible_arbitrage (PAR VALUE ON STOCK IS .00001 HERE)
NOW READ WHAT THE COMPANY HAS PUT OUT TO YOU
http://www.otcmarkets.com/stock/GNCP/filings
Read peeps, we have time to look out for our money and investment decisions. IT'S YOUR MONEY AFTERALL and nobody, I MEAN NOBODY is going to do a better job of looking out for you than YOU!!! I hope this helps a little.
FILINGS BROKEN DOWN since Sept 26th I have been doing a lot of DD that shows that most of these companies now hold more stock than they did even though a few sold the 30 000 000 restricted shares That they originally converted into restricted shares. after all the filings since sept 26th/ 2013 have been noted on my excel program, this is the breakdown of what companies hold after all the conversions were taken into account.
Castlewood Capital Group, S.A.
converted 121 k of debt into 121 000 000 total shares. They now hold 91 000 000 restricted shares.
they sold 30 000 000 still almost hold over 100 mill now.
Artco Capital LTD.
converted 121k of debt into 121 000 000 total shares. They now hold 91 000 000 restricted shares.
they sold 30 000 000 still almost hold over 100 mill now.
Emerald International Corporation
converted 121k of debt into 121 000 000 total shares. They now hold 91 000 000 restricted shares.
they sold 30 000 000 still almost hold over 100 mill now.
Searchlight Exploration, LLC
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=111371 this one gets complicated.
recap of total
converted 86k into 86 000 000 restricted Total shares
They now hold 93 100 000 total shares. 7.1 million are free trading.
Macy Ocean Enterprises, Inc.
converted 91k of debt into 91 000 000 total shares. They now hold 91 000 000 restricted shares. sold none
Highwave Management Corp
converted 30 k of debt into 30 000 000 shares. They are the only ones that have sold all their shares. ( I would not be surprised to see them convert more and have a truck load like the other companies above.)
There are other companies that own restricted shares . I will just include the complete total of all companies including above ones.
TOTAL RESTRICTED SHARES 708,028,664 This just since sept 26th. There are more restricted shares I just have not figured them out yet.
Quote:Price is what you pay. Value is what you get.
Warren Buffett
DESCRIPTION OF “WHITE HILLS”:
The “White Hills” Gold Explorat
ion Properties are primarily located about five miles south of
the town of White Hills in Mohave County, Arizona
. White Hills is the first town in Arizona
south of the recently completed Hoover Dam Bypass, and is about 1 ½ hours’ drive from Las
Vegas, Nevada, the closest major city. Highw
ay 93, the major highway linking Las Vegas and
Phoenix, Arizona, runs through White Hills. All
necessary supplies and labor can be obtained
from Las Vegas or from Kingma
n, Arizona, which is located about
40 miles to the south. The
climate is high desert, with hot summers, o
ccasional snow in the winter and very low
precipitation.
White Hills was one of Arizona’s la
ter boom towns, with the original
discovery of silver made in
1892 as a result of rock samples found by
Native Americans. Between 1892 and 1898, over
$12,000,000 of silver and gold was mined from the Wh
ite Hills silver mines (close to $1 Billion
at 2013 commodity prices). Then
the silver mines were closed
due to flooding. A few years
later, gold was found south of White Hills, a
nd approximately 15,000 ounces of gold were mined
from 1903 to 1907 from four separate mines, w
ith an average grade of from 0.5 to 1.0 ounces
gold per ton. With the financial Panic
of 1907, most mining in the district ceased.
Of particular interest is the Ha
ll Mine because of its record of production of high grade gold ore.
The Hall Mine produced about 2,500 ounces of gol
d between 1903 and 1910 at grades averaging
1.0 ounce gold per ton. The mine was reopened
during the 1930’s, when the increase of the
official U.S. gold price to $35 per ounce from
$20 per ounce stimulated gold mining during the
Great Depression. Ore from the Hall Mine duri
ng this period was reported to run from 1.25 to
2.04 ounces gold per ton and 7 ounces
silver per ton. The project ve
ndor’s assay of grab samples
from the remaining Hall Mine dumps has r
un as high as 2 ounces gold per ton.
“White Hills” will comprise 1,840 acres of st
aked mining claims on BLM lands and mineral
rights. The land position covers the Hall Mine, as well as five (5) additional mines, three of
which have past reported gold pr
oduction. The working geologica
l hypothesis of the two Major
Mining Companies that did work he
re in the 1980’s was that the gold mineralization is related to
a detachment fault that runs through the area.
Since important gold mineralization has been
encountered in the lower plate of pre-Cambrian gne
iss, there is the potential that gold values may
persist at depth. The agreement with the projec
t vendors requires (and closing is subject to) the
Company’s funding the location of
82 additional mining claims in the vicinity of the existing
claims covering certain areas that appear to be
prospective for detachment fault mineralization
GNCP CEO & Eurocoal & BHP Billiton Significance…
The GNCP CEO was also an independent advisor to Eurocoal, another junior coal miner. While at Eurocoal, Mr. Blom was instrumental in doubling pre-tax profits, with a resulting significant increase in market value:
http://www.euracoal.org/pages/home.php?idpage=1
Quote:
The European Association for Coal and Lignite - EURACOAL - is the umbrella organisation of the European coal industry. EURACOAL evolved in 2002 from the European Solid Fuels’ Association - CECSO - after the expiry of the ECSC Treaty establishing the European Coal and Steel Community.
EURACOAL is composed of 35 Members from 20 countries amongst which national producers and importers associations, companies and research institutes from Belgium, Bosnia-Herzegovina, Bulgaria, the Czech Republic, Finnland, France, Germany, Greece, Hungary, Italy, Poland, Romania, Serbia, Slovakia, Slovenia, Spain, Sweden, Turkey, the Ukraine and the United Kingdom.
Previously, Mr. Blom conducted and participated in numerous global proposals, evaluations and exercises, including capital raising material and strategic communications to transform and propel General Mining Ltd into the world's largest listed mining house, BHP Billiton.
BHP Billiton trades on the NYSE under the ticker of BHP at $71.00+ per share while generating over $65.9 Billion in Revenues with a Net Income of over $10.8 Billion last year:
http://finance.yahoo.com/q?s=BHP&ql=0
http://finance.yahoo.com/q/is?s=BHP+Income+Statement&annual
http://www.bhpbilliton.com/home/Pages/default.aspx
http://www.gncc-capital.com/Management.html
v/r
Sterling
GNCP CEO Funding for $20 Billion Project…
I can’t say this enough in that the GNCP CEO and his TEAM are here with GNCP for some very huge reasons of growth that I believe is about to be revealed based on the recently released news below:
http://ih.advfn.com/p.php?pid=nmona&article=60031063
The GNCP CEO is currently mandated to execute capital raising, structuring and implementation of projects in Africa exceeding $20 Billion. Mr. Blom has consulted and explored projects and proposals involving most minerals found on the African Continent, including Gold, Nickel, Silver, Platinum, Manganese, Aluminum, Coal, Graphite, Diamonds, Titanium and Chromium.
http://www.gncc-capital.com/Management.html
In recent years, Mr. Blom assessed that Southern Africa would require more than 20 new coal mining projects in order to avoid another energy Blackout in the region. This number has since been confirmed by the regulators, with little progress. Mr. Blom also conducted initial feasibilities on Coal – Bed Methane (CBM) and Underground Coal Gasification (UCG) projects on a large scale to complement the current energy mix in Sothern Africa. This has the potential to generate an additional 20GW of electricity within a 24-30 month horizon, provided legislators approve. As a strategic advisor to Eskom, Mr. Blom identified and highlighted significant opportunities for savings in capital expenditures in the billions of dollars:
http://www.eskom.co.za/Pages/Landing.aspx
http://www.eskom.co.za/OurCompany/CompanyInformation/Pages/Company_Information.aspx
The GNCP CEO has conducted numerous successful global transactions as a strategic advisor to a South African merchant bank, capital raising for a new technology project in the commodities coal sector, and capital raising for mining and energy projects including Black Wattle Colliery, and a major new Platinum & Palladium project in Africa.
v/r
Sterling
GNCP CEO & Rio Tinto Significance…
GNCP recently released news confirming a lot that I think one should understand, but before we talk about some of the key highlights within that news, I think it is important to note just who is the CEO for GNCP and why this is important to note. When you read below just how big some of the achievements are for Nicolaas Edward "Ted" Blom, President & CEO of GNCP and how big the companies and projects are in which he had done such with, I think it will be very clear that these guys are ”in it to win it” with GNCP and that these guys would not be here for anything other than something of a huge magnitude.
Instead of one long post, I think it would be better to break down into a series of posts the Key Achievements from the GNCP website about the CEO for GNCP starting with this achievement below relating to Rio Tinto because of how huge I believe it to be:
http://www.gncc-capital.com/Management.html
The GNCP CEO was a co-founder of Kwezi Mining Company, a junior coal mining company which subsequently became Rio Tinto's development arm for major transactions in Southern Africa of which Rio Tino paid $75 Million to buy Kwezi Mining:
http://www.miningweekly.com/article/company-announcement-acquisition-of-rio-tinto-and-kwezis-south-african-coal-assets-completed-2012-05-10
Rio Tinto trades on the NYSE under the ticker of RIO at $52.00+ per share while generating over $50.9 Billion in Revenues with a Gross Profit of over $13.4 Billion last year
http://finance.yahoo.com/q?s=RIO&ql=0
http://finance.yahoo.com/q/is?s=RIO+Income+Statement&annual
http://www.riotinto.com/
Here’s a project that Rio Tinto and Kwezi Mining had done together that’s valued at over $1 Billion:
http://www.riotinto.com/documents/Media/PR607g_Rio_Tinto_announces_a_coal_resource_of_over_1_billion_tonnes_at_Chapudi.pdf
v/r
Sterling
just unveiled a major piece of DD here that every smart Investor will automatically understand its meaning
the creation of the WHITE HILLS GOLD EXPLORATION, INC subsidiary recently is a very big piece of DD pointing in the direction of a finalization of a Joint Venture deal on the 10 million $ acquisition
they are acting like big board companies about it ! usually in penny world we hear about JV but we rarely see a company establishing a subsidiary to host this JV
this tells us that the CEO here is acting like big boards companies about this matter
this is the professional way of doing it !!
the filing from last month >>
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=141043044154053066059055066161103075146154067133
the next NEWS will unveil the development plan of the 10 million $ acquisition
and with the Ceo background (Rio Tinto ,BHP..)we can only bet on him to land a First class Joint Venture to develop this property
gonna be Big
thank you for bringing this important piece of DD on the table
it is a game changer one
GNCP Management $1 for Annual Salary…
This is absolutely huge in my opinion and is definitely not the norm within the market, but is a huge show of confidence in knowing what they have and in knowing what they are doing. These “White Hills” Gold Exploration Properties that GNCP has acquired for $10 Million must be really huge. The GNCP CEO is not here for small change; he is here because of something very big. Again, read these posts to understand the credentials of the GNCP CEO to see why I think investors appreciate him being here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94108978
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94115188
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94126876
Now, read this below as these 2 year service agreements with the GNCP Management speaks volumes to include their $1 for Annual Salary which ”subliminally” shows that they truly believe that the value is residing here with GNCP:
http://www.gncc-capital.com/Docs/GNCC-Capital-Additional-Information-Pertaining-To-Our-Directors.pdf
Also, the value in their properties truly does exist from the data that’s publicly available. I believe the creation of their new subsidiary, WHITE HILLS GOLD EXPLORATION, INC. was created for huge reasons. I think it means a lot for GNCP to acquire a property for $10 Million and to specifically create a subsidiary isolating it from anything else they have going on. This is why I believe that GNCP and an already established TEAM have some very serious plans. See the filings below:
Quote:
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=111978
GNCC Capital, Inc. (“the Company”) acquired the “White Hills” Gold Exploration Properties in Arizona (“White Hills”) on June 17, 2013 in the total amount of $10,000,000 (Ten million dollars). ...
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=141043044154053066059055066161103075146154067133
v/r
Sterling
MEGA DD post >>>PENNIES COMING >>>>
GNCP just GOT last Friday a Game changer PR opening the path for a monster Price run
here is why >>>>
http://ih.advfn.com/p.php?pid=nmona&article=60031063&symbol=GNCP
1-PR NEXT WEEK >>> from PR "The Company’s Management will be updating its stockholders next week on its current planning for its “White Hills” Gold Exploration Property in Arizona as well as further updates on the additional Exploration Properties in the Company’s Portfolio."
and we know that White Hills is a 10 million $ Acquisition not Pred yet but in filing
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=111978
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=141043044154053066059055066161103075146154067133
GNCC Capital, Inc. (“the Company”) acquired the “White Hills” Gold Exploration Properties in Arizona (“White Hills”) on June 17, 2013 in the total amount of $10,000,000 (Ten million dollars).
2-and the Co has confirmed that there is NO reverse Split
from PR "The Company has been besieged with requests as to whether or not a Reverse Split of the Company’s Common Stock is being contemplated. Company Management hereby undertakes to its stockholders that no Reverse Split of the Common Stock is under consideration nor would such an action be considered to be in the interests of our stockholders. Any rumors to the contrary, are false and misleading. "
3-NO RISK OF DILUTION
from PR "The Company does not require any additional funding in this fiscal year in order to achieve their stated objectives. The Company’s management has secured the requisite funding to meet its stated objectives for this fiscal year."
4-Joint Venture to be announced soon to develop the properties
from the Pr "The Company’s strategy remains that of working to generate revenue streams from the Joint Venture Agreements on its Properties, the proceeds to be deployed in the acceleration of exploration for other potentially viable Gold Properties in its portfolio, thereby leading to further Joint Venture Agreements, and cash flow. The Company will also expend funds on further development on certain of its properties with a view to a sale of advanced stage exploration properties. "
http://www.gncc-capital.com/JVPartners.html
GNCP is already prepared to host a Joint Venture >>
the creation of the subsidiary WHITE HILLS GOLD EXPLORATION, INC.has been done in One purpose Only : Joint Venture
link to the recently created Subsidiary
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=141043044154053066059055066161103075146154067133
5-
GNCP has a first class CEO on board Nicolaas Edward "Ted" Blom
http://www.forbes.com/profile/nicolaas-blom/
Mr. Blom conducted and participated in numerous global proposals, evaluations and exercises, including capital raising material and strategic communications to transform and propel General Mining Ltd into the world's largest listed mining house, BHPBilliton.
BHPBilliton is trading on the NYSE
http://www.bhpbilliton.com/home/Pages/default.aspx
Must read info about the Ceo BIG connections from Sterling >>
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94109039
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94115188
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94126769
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94131723
One should ask this Q about GNCP : how big GNCP is going to be with a Ceo on board that has transformed and propel General Mining Ltd into the world's largest listed mining house, BHPBilliton.
BHPBilliton is trading today on the NYSE!!!
http://www.forbes.com/profile/nicolaas-blom/
http://www.bhpbilliton.com/home/Pages/default.aspx
ALL THOSE POINTS make GNCP as a Big candidate to be a HUGE RUNNER
GNCP has traded on heavy unusual buying volume friday and closed at the high of the day over its 50 ma for the first time since a while !!
major move is starting
PENNIES inplay here
MOST IMPORTANT point( MUST READ by all) >>>
One should understand GNCP timing in Nicolaas Edward "Ted" Blom life to better Understand the importance of GNCP for him
The GNCP CEO was a co-founder of Kwezi Mining Company, a junior coal mining company which subsequently became Rio Tinto's development arm for major transactions in Southern Africa of which Rio Tino paid $75 Million to buy Kwezi Mining
http://www.marketvisual.com/d/3be5a05e-e211-4695-958c-d6309bc47eed
CO-FOUNDER From: 4/3/2011
the Rio Tinto deal was on MAY 2012
http://www.miningweekly.com/article/company-announcement-acquisition-of-rio-tinto-and-kwezis-south-african-coal-assets-completed-2012-05-10
http://www.gncc-capital.com/Management.html
GNCP comes directly after the Kwezi Mining Company in his life
last year was Kwezi Mining Company and 2013 is GNCP
last year involved in a 75 million $ transaction and this year ....$$$????
one point to add ,this Guy acts very fast >>>
one year between the co founding of the Kwezi Mining Company and the Rio Tinto deal !!!
wonder what he has in store for GNCP now ...
Newly Confirmed .0219 or .0657 GNCP Bottom…
I will explain why there are what I believe could be considered two different concepts of thought to consider two different bottoms; one at .0219 per share and the other at .0657 per share. Keep in mind that from what we have learned of the huge connections that the GNCP CEO has from previous posts and from later within this post, it would not surprise me one bit if GNCP has a Joint Venture (JV) agreement with Rio Tinto or BHP Billiton or some other major market company on such level, but that can be for another discussion. For now, let me explain these bottoms.
The newly confirmed bottom of .0219 per share for GNCP is what I call the Discounted “Wholesale” Value derive from the companies that gave GNCP the $10,000,000 for the White Hills properties believe is the absolute bottom value from what they have learned of which them all have had to sign non-disclosure agreements to keep confidential. They believe that .0219 per share is the minimum discounted value of the 456,100,000 shares of GNCP common stock that was agreed to receive for the $10,000,000 from the five companies below:
Quote:
SEARCHLIGHT EXPLORATION, LLC owns 93,100,000 shares of GNCP:
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=111993
MACY OCEAN ENTERPRISES, INC. owns 91,000,000 shares of GNCP:
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=111992
CASTLEWOOD CAPITAL GROUP, S.A owns 91,000,000 shares of GNCP:
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=111991
EMERALD INTERNATIONAL CORPORATION owns 91,000,000 shares of GNCP:
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=111990
ARTCO CAPITAL LTD owns 91,000,000 shares of GNCP:
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=111989
This means that it is strongly believed that GNCP is worth far greater that the .0219 per share amount that was paid to deliver the $10,000,000 to acquire the White Hills properties. That is simply too much money to not have this confirmation. This was a group confirmation of experts to agree to receive their more than 90 Million shares a piece. This means that these companies have private confirmation that GNCP will create a premium value for their 456,100,000 shares owned at a greater value than .0219 per share based on the $10,000,000 given to acquire the “White Hills” Gold Exploration Properties in Arizona for GNCP as derived below:
$10,000,000 ÷ 456,100,000 shares = .0219 Per Share
Understand, what was derived above is a GNCP bottom value of what I called the Discounted “Wholesale” Value derived from the $10M that was provided for the White Hills properties. The above valuation was derived from the created baseline of 456,100,000 shares that was used to pay for the acquisition of the White Hills properties. This justifies using the 456,100,000 shares amount as the denominator for deriving this upcoming valuation of which I call the Discounted “Retail” Value for taking under consideration a ”retail” value as it relates to the White Hills properties.
With the previously made post below, courtesy of VortMax, I am going to show that a .0657 per share could be logically considered for a bottom that I referred to as the Discounted “Retail” Value to consider:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94148164
VortMax had learned that today’s value for the While Hills properties is valued at $30,000,000 by way of information on file at the University of Arizona from a report done by the ANGLO-ARIZONA MINING & MILLING COMPANY (DENVER, CO.) back on Dec 7, 1896. As I had indicated from above, there was a total of 456,100,000 shares that was used to fund the acquisition of White Hills properties. Considering the $30,000,000 value for the White Hills properties and using the 456,100,000 shares amount as the denominator, we can derive below:
$30,000,000 ÷ 456,100,000 shares = .0657 Per Share
Below is the filing to confirm the $10,000,000 for White Hills:
Quote:
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=111978
GNCC Capital, Inc. (“the Company”) acquired the “White Hills” Gold Exploration Properties in Arizona (“White Hills”) on June 17, 2013 in the total amount of $10,000,000 (Ten million dollars). ...
Because of the acquisition of the “White Hills” properties, GNCP has present filings to confirm the elimination of $4,000,000 worth of debt to clean their books. Read below to understand the full magnitude of what transpired to make such happen:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94147532
GNCP Management has agreed to receive only $1 for Annual Salary which is something that’s much appreciated by their shareholders and is huge for a variety of reasons. Now, read this below as these 2 year service agreements with the GNCP Management speaks volumes to include their $1 for Annual Salary which ”subliminally” shows that they truly believe that the value residing here with GNCP is not only huge, but is worth working for a $1 Annual Salary:
http://www.gncc-capital.com/Docs/GNCC-Capital-Additional-Information-Pertaining-To-Our-Directors.pdf
These “White Hills” Gold Exploration Properties that GNCP has acquired for $10 Million must be really huge. The GNCP CEO is not here for small change; he is here because of something very big. Again, read these series of posts to understand his past achievements that is once again well worth being noted:
Quote:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94108978
GNCP CEO & Rio Tinto Significance…
GNCP recently released news confirming a lot that I think one should understand, but before we talk about some of the key highlights within that news, I think it is important to note just who is the CEO for GNCP and why this is important to note. When you read below just how big some of the achievements are for Nicolaas Edward "Ted" Blom, President & CEO of GNCP and how big the companies and projects are in which he had done such with, I think it will be very clear that these guys are ”in it to win it” with GNCP and that these guys would not be here for anything other than something of a huge magnitude.
Instead of one long post, I think it would be better to break down into a series of posts the Key Achievements from the GNCP website about the CEO for GNCP starting with this achievement below relating to Rio Tinto because of how huge I believe it to be:
http://www.gncc-capital.com/Management.html
The GNCP CEO was a co-founder of Kwezi Mining Company, a junior coal mining company which subsequently became Rio Tinto's development arm for major transactions in Southern Africa of which Rio Tino paid $75 Million to buy Kwezi Mining:
http://www.miningweekly.com/article/company-announcement-acquisition-of-rio-tinto-and-kwezis-south-african-coal-assets-completed-2012-05-10
Rio Tinto trades on the NYSE under the ticker of RIO at $52.00+ per share while generating over $50.9 Billion in Revenues with a Gross Profit of over $13.4 Billion last year
http://finance.yahoo.com/q?s=RIO&ql=0
http://finance.yahoo.com/q/is?s=RIO+Income+Statement&annual
http://www.riotinto.com/
Here’s a project that Rio Tinto and Kwezi Mining had done together that’s valued at over $1 Billion:
http://www.riotinto.com/documents/Media/PR607g_Rio_Tinto_announces_a_coal_resource_of_over_1_billion_tonnes_at_Chapudi.pdf
v/r
Sterling
Quote:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94115188
GNCP CEO Funding for $20 Billion Project…
I can’t say this enough in that the GNCP CEO and his TEAM are here with GNCP for some very huge reasons of growth that I believe is about to be revealed based on the recently released news below:
http://ih.advfn.com/p.php?pid=nmona&article=60031063
The GNCP CEO is currently mandated to execute capital raising, structuring and implementation of projects in Africa exceeding $20 Billion. Mr. Blom has consulted and explored projects and proposals involving most minerals found on the African Continent, including Gold, Nickel, Silver, Platinum, Manganese, Aluminum, Coal, Graphite, Diamonds, Titanium and Chromium.
http://www.gncc-capital.com/Management.html
In recent years, Mr. Blom assessed that Southern Africa would require more than 20 new coal mining projects in order to avoid another energy Blackout in the region. This number has since been confirmed by the regulators, with little progress. Mr. Blom also conducted initial feasibilities on Coal – Bed Methane (CBM) and Underground Coal Gasification (UCG) projects on a large scale to complement the current energy mix in Sothern Africa. This has the potential to generate an additional 20GW of electricity within a 24-30 month horizon, provided legislators approve. As a strategic advisor to Eskom, Mr. Blom identified and highlighted significant opportunities for savings in capital expenditures in the billions of dollars:
http://www.eskom.co.za/Pages/Landing.aspx
http://www.eskom.co.za/OurCompany/CompanyInformation/Pages/Company_Information.aspx
The GNCP CEO has conducted numerous successful global transactions as a strategic advisor to a South African merchant bank, capital raising for a new technology project in the commodities coal sector, and capital raising for mining and energy projects including Black Wattle Colliery, and a major new Platinum & Palladium project in Africa.
v/r
Sterling
Quote:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94126876
GNCP CEO & Eurocoal & BHP Billiton Significance…
The GNCP CEO was also an independent advisor to Eurocoal, another junior coal miner. While at Eurocoal, Mr. Blom was instrumental in doubling pre-tax profits, with a resulting significant increase in market value:
http://www.euracoal.org/pages/home.php?idpage=1
Quote:
The European Association for Coal and Lignite - EURACOAL - is the umbrella organisation of the European coal industry. EURACOAL evolved in 2002 from the European Solid Fuels’ Association - CECSO - after the expiry of the ECSC Treaty establishing the European Coal and Steel Community.
EURACOAL is composed of 35 Members from 20 countries amongst which national producers and importers associations, companies and research institutes from Belgium, Bosnia-Herzegovina, Bulgaria, the Czech Republic, Finnland, France, Germany, Greece, Hungary, Italy, Poland, Romania, Serbia, Slovakia, Slovenia, Spain, Sweden, Turkey, the Ukraine and the United Kingdom.
Previously, Mr. Blom conducted and participated in numerous global proposals, evaluations and exercises, including capital raising material and strategic communications to transform and propel General Mining Ltd into the world's largest listed mining house, BHP Billiton.
BHP Billiton trades on the NYSE under the ticker of BHP at $71.00+ per share while generating over $65.9 Billion in Revenues with a Net Income of over $10.8 Billion last year:
http://finance.yahoo.com/q?s=BHP&ql=0
http://finance.yahoo.com/q/is?s=BHP+Income+Statement&annual
http://www.bhpbilliton.com/home/Pages/default.aspx
http://www.gncc-capital.com/Management.html
v/r
Sterling
v/r
Sterling
* * GNCP Video Chart 11/29/13 * *
Link to Video - click here to watch the GNCP technical chart video
http://bullwarriorstocks.com/post/gncc-capital-inc.-gncp-penny-stock-trading-chart-11-29-2013
GNCP MEGA DD post >>>PENNIES COMING >>>>
GNCP just GOT last Friday a Game changer PR opening the path for a monster Price run
here is why >>>>
http://ih.advfn.com/p.php?pid=nmona&article=60031063&symbol=GNCP
1-PR NEXT WEEK >>> from PR "The Company’s Management will be updating its stockholders next week on its current planning for its “White Hills” Gold Exploration Property in Arizona as well as further updates on the additional Exploration Properties in the Company’s Portfolio."
and we know that White Hills is a 10 million $ Acquisition not Pred yet but in filing
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=111978
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=141043044154053066059055066161103075146154067133
GNCC Capital, Inc. (“the Company”) acquired the “White Hills” Gold Exploration Properties in Arizona (“White Hills”) on June 17, 2013 in the total amount of $10,000,000 (Ten million dollars).
2-and the Co has confirmed that there is NO reverse Split
from PR "The Company has been besieged with requests as to whether or not a Reverse Split of the Company’s Common Stock is being contemplated. Company Management hereby undertakes to its stockholders that no Reverse Split of the Common Stock is under consideration nor would such an action be considered to be in the interests of our stockholders. Any rumors to the contrary, are false and misleading. "
3-NO RISK OF DILUTION
from PR "The Company does not require any additional funding in this fiscal year in order to achieve their stated objectives. The Company’s management has secured the requisite funding to meet its stated objectives for this fiscal year."
4-Joint Venture to be announced soon to develop the properties
from the Pr "The Company’s strategy remains that of working to generate revenue streams from the Joint Venture Agreements on its Properties, the proceeds to be deployed in the acceleration of exploration for other potentially viable Gold Properties in its portfolio, thereby leading to further Joint Venture Agreements, and cash flow. The Company will also expend funds on further development on certain of its properties with a view to a sale of advanced stage exploration properties. "
http://www.gncc-capital.com/JVPartners.html
GNCP is already prepared to host a Joint Venture >>
the creation of the subsidiary WHITE HILLS GOLD EXPLORATION, INC.has been done in One purpose Only : Joint Venture
link to the recently created Subsidiary
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=141043044154053066059055066161103075146154067133
5-
GNCP has a first class CEO on board Nicolaas Edward "Ted" Blom
http://www.forbes.com/profile/nicolaas-blom/
Mr. Blom conducted and participated in numerous global proposals, evaluations and exercises, including capital raising material and strategic communications to transform and propel General Mining Ltd into the world's largest listed mining house, BHPBilliton.
BHPBilliton is trading on the NYSE
http://www.bhpbilliton.com/home/Pages/default.aspx
Must read info about the Ceo BIG connections from Sterling >>
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94109039
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94115188
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94126769
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94131723
One should ask this Q about GNCP : how big GNCP is going to be with a Ceo on board that has transformed and propel General Mining Ltd into the world's largest listed mining house, BHPBilliton.
BHPBilliton is trading today on the NYSE!!!
http://www.forbes.com/profile/nicolaas-blom/
http://www.bhpbilliton.com/home/Pages/default.aspx
ALL THOSE POINTS make GNCP as a Big candidate to be a HUGE RUNNER
GNCP has traded on heavy unusual buying volume friday and closed at the high of the day over its 50 ma for the first time since a while !!
major move is starting
PENNIES inplay here
There is so much good dd buried on this board. I know everyone gets excited or upset tick by tick and who's on the bid, but I'm going to spend a few moments to try to paint the big picture for those that are just looking at GNCP and haven't seen why the longs are long.
So many of these posts have lovely images etc, and I'm not going to post the images, just paste the text, so be sure to member mark the original posters ok?
Here are the original posts and I will paste each post where you can click back to the original.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94140147
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94528418
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94167400
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94156496
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94156524
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94131723
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94140861
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94109039
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94115188
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94126876
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=93608759
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=93714559
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=93839680
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94207501
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94196917
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94196720
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=93961062
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94068468
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=93879078
http://investorshub.advfn.com/boards/memberpoststoboard.aspx?userid=89305&boardid=3731&page=3
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94088995
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94077522
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94079035
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=93895683
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94034241
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94077237
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94313214&txt2find=email
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94257409
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94177522&txt2find=email
No RS coming, no funding needs rest of fiscal year is why I'm staying.
BUT, in my experience this is what is happening.
VERT is old funder shares that are now mature - thus the increase in Float by a couple hundred mil over the last few months. They are selling.
CSTI is shorting against the block that VERT has.
they were doing this same thing a few weeks ago, we just had to be patient and let them finish dropping their load.
I'm not worried about it, they do not have endless shares.
Last post for awhile here while I sit and patiently load the boat at the cheapest price I can get. Sorry if that isn't popular to bid sit. When they are willing to go cheap, I'm willing to pick up cheap.
Just starting to check this out, have not really began digging in but I like the chart/bottom potential.
How do you know no rs? have they said so in pr or email?
Message in reply to:
There will be no R/S!!!
Great dd from stervc
please member mark this poster for his great dd http://investorshub.advfn.com/boards/profilea.aspx?user=1551