Meanwhile, GNCP is beginning to engage in a more sophisticated approach to its future successes imo. The change in domicile cannot be overlooked as a successful action taken to ultimately benefit GNCP investors--both Common and Preferred shareholders.
The buy back--which will occur catalyst for an explosion in the sp.. The short "investor" has been harnessed and can only continue to short or take huge losses. The higher the sp rises--the huger the losses. Shortie can only dig hopefully to China.
The Q's showing positive cash flows and profits from GNCP acquisitions allowing GNCP to afford to not only further acquire--but to stem dilution and to re-concentrate shareholder value are expected soon. Exciting time.
The ability to create shareholder wealth while escaping the detriment of low gold pricing was ingenious. Diversifying and generating internally the funds to develop the gold exploration subsidiaries at a more opportune time when gold appreciates.
You have to understand the reason Lumb is mentioned so often here is that no question he is involved behind the scenes. He is hated because he is very wealthy and the rumor is that wealth was acquired in the stock market by causing a couple of short squeezes. I do not know this to be fact but that was the rumor and it was posted on IHUB.... the FFGO board I believe years ago. Go GNCP!!!
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