GNCC Capital aims to take advantage of the growing “Blue Sky” trend in the mining industry wherein major global mining corporations seek to acquire mining projects that have little to no proven reserves but show promising potential to become significant producers.
The exploration company has no interest in becoming a “mining” company, but is particularly interested in gold mining properties that will add value through extensive exploration work. These properties will then be sold for cash, contracted to a third party, or produced via joint venture with a mining company.
Future acquisitions will be funded by corporate bonds, classes of shares of preferred stock, warrants, options, types of units, or linked units. The company’s strategy is to execute these acquisitions without the sale of outstanding shares of the company’s common stock or tapping into cash reserves.
GNCP’s current and primary focus is on its properties in Arizona, on which the company allocates its resources to conduct extensive exploration work: Burnt Well Gold, Ester Baskin Gold, Clara Gold, Kit Carson Silver, Potts Mountain Silver, Silverfields Silver, and White Hills.
The company says it selected these particular projects after careful consideration and evaluation of their characteristics as exploration properties and management’s belief that the company can quickly and inexpensively drill out a “Resource Base” while maintaining Blue Sky potential.
For more information on GNCP, visit www.gncc-captial.com
About QualityStocks
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment