GNCC Capital Inc (GNCP)

[BigBake1]

Read page 119 of the last quarterly disclosure provided...ahh the disappointment:

We have not begun the initial stages of exploration of our claims, and thus have no way to evaluate the
likelihood whether we will be able to operate our business successfully.

We are a new entrant into the silver and gold exploration and development industry without a profitable operating
history. We were incorporated on September 23, 2008, entered into the Delaware Section 251(g) reorganization
on December 1, 2008 and, to date, have been involved primarily in organizational activities and obtaining our
rights to our mining claims. As a result, there is only limited historical financial and operating information
available on which to base your evaluation of our performance. We have not earned any revenues and we have
never achieved profitability as of the date of this disclosure. Potential investors should be aware of the difficulties
normally encountered by new mineral exploration companies and the high rate of failure of such enterprises. The
likelihood of success must be considered in the light of problems, expenses, difficulties, complications and delays
encountered in connection with the exploration of the mineral property that we plan to undertake. These potential
problems include, but are not limited to, unanticipated problems relating to exploration and additional costs and
expenses that may exceed current estimates. We have no history upon which to base any assumption as to the
likelihood that our business will prove successful, and we can provide no assurance to investors that we will
generate any operating revenues or ever achieve profitable operations. If we are unsuccessful in addressing these
risks our business will likely fail and you will lose your entire investment in this Company.