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Replies to post #88586 on GNCC Capital Inc (GNCP)

Replies to #88586 on GNCC Capital Inc (GNCP)
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TenKay

12/01/14 2:56 PM

#88587 RE: bizops12 #88586

And the revised "book value" will come in the next set of fins. Until then the -$20 million is what the "book value" is.

We can certainly speculate what it will be in the next financial disclosure.

It won't be a positive number...that is a given.
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Militia Man

12/01/14 3:02 PM

#88589 RE: bizops12 #88586

Lol.. Exactly, but spinning it makes for good fun in GNCP.. :-)

They just don't redo the financials. Every move in gold or re-assessment of gold and mineral reserves can impact the price of the land-holdings GNCP owns. IT IS a moving target. And I promise you the big dollar investors believe the book value is much greater than -20 million whether you do or not.