Gold and Gemstone Mining Inc (GGSM)

[petem44]

if they are partnered up with some company that get funding from FIFOMI this will be a 10 bagger easy!! patience and we will be rewarded!!


SINALOA, Mexico, Oct 17, 2014 — Gold and Gemstone Mining Inc. (OTCQB:GGSM) engage in the acquisition, exploration-production, and development of gold and other minerals properties in Mexico announce today an update on matters relating to Mexican Government funding, with organizations like the secretary of economic development (SEDECO), the council for economic development in Sinaloa (CODESIN) and mining promotion Trust (FIFOMI) where SEDECO and CODESIN have the function of promoting the state’s economy by supporting businesses with tax incentives, financing, business consulting and support efforts of government procedures in order to influence public policy and where we come to talks where it has made us aware of the support of these agencies to keep a safe and proper process in managing the company, bringing greater security for our operations; In addition, The Mining Development Trust is the lead agency that provides financing for mining projects in Mexico, with funding programs ranging from $ 150,000 to $ 25,000,000 USD, we are in talks with FIFOMI where we have been offered funding for the projects of the company, where we can meet all the requirements that the agency requested, supported with the drive and commitment of CODESIN and SEDECO.

Ivan Mondragon, Vice President and General Manager, commented Gold and Gemstone Mining is a company focused on the acquisition, exploration and potential development of prospective gold and silver properties in North and South America. Our strategy is to build a pipeline of gold and silver projects to explore and develop, or enter into joint-ventures. We target projects in historic mining districts with what are believed to have potential for large-scale exploration or relative short to medium-term production.