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GNCC Capital, Inc. (
PINK: GNCP) is primarily a gold exploration company with some Silver interests and with seven different projects, all of which were carefully selected due to their outstanding characteristics, being a base of sound economic and potential low cost production Gold Mining Assets. The company’s business strategy is to generate revenue streams from joint venture agreements on its properties and then deploy the proceeds to accelerate the exploration of other potentially viable gold properties for further joint venture agreements and to secure sustainable cash flow.
In the company’s news,
GNCC Capital is focused on adding significant value to its portfolio assets knowing that in doing so, it is positioning itself as a potential acquisition target by a major mining company.
With no intention to “go mining,” GNCC’s overarching goal is to add value to its current portfolio and then do one of three things: 1. Sell the properties in a cash transaction; 2. Contract the mining of the properties to a third party; or 3. Joint venture with a mining company to mine the properties.
The company’s strategy to execute this broader mission is to seek out its own acquisition targets and fatten its initial and primary portfolio of six exploration properties, each of which were carefully selected due to specific characteristics and potential to be rapidly and inexpensively drilled out as a “resource base.”
The ratio is currently weighted at approximately 80 percent gold and 20 percent silver:
• Gold Properties in Arizona: Burnt Well Gold Properties, Ester Basin Gold Properties, Clara Gold Properties
• Silver Properties in Arizona: Kit Carson Silver Properties, Potts Mountain Silver Properties, Silverfields Silver Properties
GNCC is currently conducting extensive exploration work on these properties in an effort to prove up reserves on its initial six properties through geological survey and the employment of two full-time geologists working in line with carefully measured and planned drilling programs.
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
