Friday, November 15, 2013 12:10:00 AM
http://ih.advfn.com/p.php?pid=nmona&article=60031063&symbol=GNCP
1- from PR "The Company’s Management will be updating its stockholders next week on its current planning for its “White Hills” Gold Exploration Property in Arizona as well as further updates on the additional Exploration Properties in the Company’s Portfolio."
and we know that White Hills is a 10 million $ Acquisition not Pred yet but in filing :)
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=111978
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=141043044154053066059055066161103075146154067133
GNCC Capital, Inc. (“the Company”) acquired the “White Hills” Gold Exploration Properties in Arizona (“White Hills”) on June 17, 2013 in the total amount of $10,000,000 (Ten million dollars).
2-and the Co has confirmed that there is NO reverse Split
from PR "The Company has been besieged with requests as to whether or not a Reverse Split of the Company’s Common Stock is being contemplated. Company Management hereby undertakes to its stockholders that no Reverse Split of the Common Stock is under consideration nor would such an action be considered to be in the interests of our stockholders. Any rumors to the contrary, are false and misleading. "
3-NO RISK OF DILUTION
from PR "The Company does not require any additional funding in this fiscal year in order to achieve their stated objectives. The Company’s management has secured the requisite funding to meet its stated objectives for this fiscal year."
4-Joint Venture to be announced soon to develop the properties
from the Pr "The Company’s strategy remains that of working to generate revenue streams from the Joint Venture Agreements on its Properties, the proceeds to be deployed in the acceleration of exploration for other potentially viable Gold Properties in its portfolio, thereby leading to further Joint Venture Agreements, and cash flow. The Company will also expend funds on further development on certain of its properties with a view to a sale of advanced stage exploration properties. "
http://www.gncc-capital.com/JVPartners.html
ALL THOSE POINTS make GNCP as a Big candidate to be a HUGE RUNNER
GNCP has not traded a lot in the triple 0 levels ,it only fall down occasionally this month
so expect it to run back to 00 quick and fast especially after it will explode from its 50 ma 0.001
GNCP has a first class CEO on board Nicolaas Edward "Ted" Blom
http://www.forbes.com/profile/nicolaas-blom/
Mr. Blom conducted and participated in numerous global proposals, evaluations and exercises, including capital raising material and strategic communications to transform and propel General Mining Ltd into the world's largest listed mining house, BHPBilliton.
BHPBilliton is trading on the NYSE
http://www.bhpbilliton.com/home/Pages/default.aspx
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