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stervc

11/15/13 1:51 PM

#9926 RE: balamidas #9750

GNCP CEO & Rio Tinto Significance…

GNCP recently released news confirming a lot that I think one should understand, but before we talk about some of the key highlights within that news, I think it is important to note just who is the CEO for GNCP and why this is important to note. When you read below just how big some of the achievements are for Nicolaas Edward "Ted" Blom, President & CEO of GNCP and how big the companies and projects are in which he had done such with, I think it will be very clear that these guys are ”in it to win it” with GNCP and that these guys would not be here for anything other than something of a huge magnitude.

Instead of one long post, I think it would be better to break down into a series of posts the Key Achievements from the GNCP website about the CEO for GNCP starting with this achievement below relating to Rio Tinto because of how huge I believe it to be:
http://www.gncc-capital.com/Management.html


The GNCP CEO was a co-founder of Kwezi Mining Company, a junior coal mining company which subsequently became Rio Tinto's development arm for major transactions in Southern Africa of which Rio Tino paid $75 Million to buy Kwezi Mining:
http://www.miningweekly.com/article/company-announcement-acquisition-of-rio-tinto-and-kwezis-south-african-coal-assets-completed-2012-05-10

Rio Tinto trades on the NYSE under the ticker of RIO at $52.00+ per share while generating over $50.9 Billion in Revenues with a Gross Profit of over $13.4 Billion last year
http://finance.yahoo.com/q?s=RIO&ql=0
http://finance.yahoo.com/q/is?s=RIO+Income+Statement&annual

http://www.riotinto.com/


Here’s a project that Rio Tinto and Kwezi Mining had done together that’s valued at over $1 Billion:
http://www.riotinto.com/documents/Media/PR607g_Rio_Tinto_announces_a_coal_resource_of_over_1_billion_tonnes_at_Chapudi.pdf

v/r
Sterling