GNCC Capital Inc (GNCP)

[LAMBSHIFT]

the assets are the main point.
there has been a first restructuring of GNCP in June 2014, result was GNCP as a holding company with three 100% subsidiaries
White Hills...Inc., Mohave Cons....Inc., Walker Lane...Inc.
in these corporations have been a lot of exploration properties, especially in the goldsector.
for these explo. prop. GNCP has paid 44 Mil US-$.

in Sept/Oct 2015 the second restructuring, result: besides White Hill all other gold explor. properties have been exchanged for the silver explor. properties Pearl Spring, Tonopah and Yarber Wash .
McCracken: the existing claims have been returned to McIntyre, new claims were added.
White Hills: new claims were substituted for existing claims; conditions??

until now we could not check the exchange of silver for gold expl.prop. i.e. how many ounces silver GNCP has got for one ounce gold in the returned properties with regard to the date of exchange.

what about Tonopah Exploration Prop.?? it has disappeared...

now only "interests in" ...exploration properties, what about the Corporations??

there is a new property in GNCP named Mockingbird (about 1.700 acres). where does it come from? is it an asset of HGLC (2.500 acres) or is it independent of HGLC?