Replies to post #10328 on GNCC Capital Inc (GNCP)

[balamidas]

Sterling ,

GNCP is just starting here ,

the acquisition of the 10 million $ was made back in June 2013 and

the funding is in place per friday PR for running the company during all this fiscal year


and the CEO business plan is have a JV to develop this acquisition


a 10 million $ property will attract a very Big name in JV on it


and if this is the case then we are about to see an unexpected run into High pennies

Ceo words about JV on GNCP website >>>




The Company’s Rationale for Seeking Joint Venture Partners The Company has clearly stated that it is not in the business of “going mining”. with all of the attendant problems associated therewith and the enormous amount of Management and Management attention required, thereby detracting from the Company’s stated core business; which is to add significant value through extensive exploration work and then to either (a) dispose of properties for cash (b) contract the mining of the properties to a third party or (c) to Joint Venture with a Mining Company to produce upon the properties in the Company’s portfolio.

The Company is committed to significant expenditure on its portfolio assets through extensive exploration work. The Company is seeking to prove up reserves on these Properties through Geological Survey, the employment of at least two full time Geologists and through a substantial number of carefully measured and planned drilling and other exploration programs.

The Company under these circumstances would entertain serious offers to Joint Venture on any its portfolio assets if the approach was made from a credible and extremely very well-funded source with very significant experience in this area and with highly experienced Management.

Any such Joint Venture would involve our Partner being solely responsible for Mining operations and only upon an appropriate and equitable profit sharing arrangement.

http://www.gncc-capital.com/JVPartners.html

[Don Quixote]

I am faced with that same dilemma....

[stervc]

GNCP Management $1 for Annual Salary…

This is absolutely huge in my opinion and is definitely not the norm within the market, but is a huge show of confidence in knowing what they have and in knowing what they are doing. These “White Hills” Gold Exploration Properties that GNCP has acquired for $10 Million must be really huge. The GNCP CEO is not here for small change; he is here because of something very big. Again, read these posts to understand the credentials of the GNCP CEO to see why I think investors appreciate him being here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94108978
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94115188
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94126876

Now, read this below as these 2 year service agreements with the GNCP Management speaks volumes to include their $1 for Annual Salary which ”subliminally” shows that they truly believe that the value is residing here with GNCP:
http://www.gncc-capital.com/Docs/GNCC-Capital-Additional-Information-Pertaining-To-Our-Directors.pdf

Also, the value in their properties truly does exist from the data that’s publicly available. I believe the creation of their new subsidiary, WHITE HILLS GOLD EXPLORATION, INC. was created for huge reasons. I think it means a lot for GNCP to acquire a property for $10 Million and to specifically create a subsidiary isolating it from anything else they have going on. This is why I believe that GNCP and an already established TEAM have some very serious plans. See the filings below:

http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=111978
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). ...

https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=141043044154053066059055066161103075146154067133


v/r
Sterling

[REDEMPTIVE]

Accumulated for the last 3 weeks and still bought more on Friday. There will be more buying going on all next week. The sooner the better. I think the news from this one will make it go parabolic!

[REDEMPTIVE]

Accumulated for the last 3 weeks and still bought more on Friday. There will be more buying going on all next week. The sooner the better. I think the news from this one will make it go parabolic!