GNCC Capital, Inc. Reports Earnings Results for the Second Quarter Ended March 31, 2012; Provides Earnings Guidance for Third Quarter Ending June 30, 2012 and for the Fiscal Year Ending September 30, 2012
May 14, 2012 at 12:00 pm
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GNCC Capital, Inc. reported earnings results for the second quarter ended March 31, 2012. For the quarter, the company reported loss of $0.0015 per share compared to a loss of $0.0013 per share in the first quarter ended December 31, 2011.
The company's management expect losses in the third quarter ending June 30, 2012 and for the fiscal year ending September 30, 2012 to be substantially higher due to accelerated exploration expenses.
GNCC Capital, Inc. is an exploration stage company. The Company is engaged in the mining and exploration of gold and silver properties. The Company's mining exploration properties include Pearl Spring, McCracken, Yarber Wash and White Hills. Its Pearl Spring property is located in Esmeralda County, Nevada, approximately 20 miles from Tonopah. The mining claims are located northeast of the Silver Peak Mining District and south / southeast of the Lone Mountain / Weepah Mining District. The McCracken project is located in Mohave County, Arizona, approximately 60 miles south of Kingman. The Yarber Wash silver property is located in the Yarber Wash Mining District, Yavapai County, Arizona. The White Hills Property is located south of the town of White Hills in Mohave County, Arizona. The Company's subsidiaries include White Hills Gold Exploration, Inc., CBD Retail Collection (Holdings), Inc., Cannabis Technology Solutions (Delivery Swift), Inc., Walker Lane Exploration, Inc. and others.
GNCC Capital, Inc. Reports Earnings Results for the Second Quarter Ended March 31, 2012; Provides Earnings Guidance for Third Quarter Ending June 30, 2012 and for the Fiscal Year Ending September 30, 2012
GNCC CAPITAL, INC. 
