Replies to post #79927 on GNCC Capital Inc (GNCP)

[Militia Man]

Good question.. Lets see what they have to say about it. I would think while the gold price is down they piggy bank it for cash flowing acquisitions.. They suggest in past filings that that is direction they are headed in the short term. imo

[sta loose]

"will they drill with that or piggy bank it for acquisitions ?"

GNCP wouldn't do the drilling in the first place..
Imo, I'd count on Door #2.. (less the acq's)!

Gl

[ctrumabll]

My question if they do bring in revenue will they drill with that or piggy bank it for acquisitions ? What is their priority.

IF they brought in real money,which I think will never happen, I would expect it to be used in the acquisition of a closely held business owned or controlled by Lumb, Lowenthal, and/or Voss.