$GNCP POSSIBLE JOINT VENTURE IN FUTURE!! Can y
Post# of 7739
Can you Imagine the explosion if/when GNCP announces a JV with a huge reputable mining co???!!! ...there is no doubt in my mind that this aggressive mining company is aggressively seeking a solid JV partner with a ton of cash
excerpt from 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.
Any such Joint Venture would involve our Partner being solely responsible for Mining operations and only upon an appropriate and equitable profit sharing arrangement.