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Thursday, August 15, 2019 9:46:01 PM
No one and I repeat NO ONE has any clue what GNCP MINING INTERESTS are VALUED AT; Except the GNCP Management as they specified in the recent JUNE 30th Filing!!!!!!!
As Per The FILING BELOW:
https://backend.otcmarkets.com/otcapi/company/financial-report/222039/content
Pages 263-264
MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
COMPANY POLICIES ON MINING REPORTS, MINING PROJECT VALUATIONS AND RESOURCE ACCOUNTING POLICIES:
The Company’s Management (with advice from USA Securities Attorneys) has established the following guidelines for the Company’s disclosure of information in respect of its Mining Properties:
The “43-101” Report is an accepted Canadian Mining Reporting Standard now virtually exclusive to Canadian quoted Mining Company’s, it is not acceptable in the USA, Europe and in many other countries. The Company’s Management would prefer to use other and more conservative reporting in its publication of Mining Reports. The dissemination a “43-101” report in the USA will result in the immediate suspension of that security from trading; by the SEC.
{{{{{ The Company’s Management will not publish its “Indicative” and “Inferred” Resources on any of its portfolio properties at any time. This “Resource Category” and valuation practice is forbidden in the USA and is enforced by the SEC. }}}}}
{{{ The Company’s Management will only publish valuations on any of its Mining Properties at such time as appropriate and internationally acceptable valuation standards are applicable to any of its portfolio of Mining Properties and then, only if prepared and signed by a Competent Person, being a Licensed Geologist with a Natural Sciences Degree whom is qualified and indeed licensed to write such reports by the various Governing Regulatory Bodies in various jurisdictions in which your Company operates at this time or in the future. }}}
GNCP $$$$$$$$$$$$$$$$$$$$$$$$$$$$
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