Premier Development and Investment Inc (PDIV)

[GBDX87]

We accept that our holding in GNCC Capital, Inc. is worth circa $0.11* per share of Premier
Common Stock as at market close today. We also hold Rare Earth Exploration Properties and
unexercised rights on certain Oil & Gas leases. -----------------------------------------------------------------------------------------------------in plain sight this mean that from 51 cents price of PDIV , 11 cents is due to their holdings in gncp , meaning the intrinsic value of GNCP on its own is at least 11 cents . i hope i am reading , understanding , this correctly