GNCC Capital Inc (GNCP)

[bizops12]

I did not see anywhere that said GNCC was getting out of the mining business. They said they were not doing anymore mining acquisitions. Big difference. They are concentrating on bringing in companies with cash flow. Purchasing additional mining stakes would be a cash drain and contrary to their stated future goals. They will not be able to maximize the value of the mining claims if they are broke. They are working on fixing that issue first. If gold prices start climbing and they have a healthy balance sheet then they will be able to take advantage of the mining claims (in one way or another). JMHO