Spectral Capital Corporation (FCCN.OB) Signs Letter of Intent to Acquire Significant Gold Mine Resource
On Friday, Spectral Capital Corp. announced that they signed a Letter of Intent to acquire a significant gold mine resource in Kazakhstan. Spectral Capital Corporation is a U.S. based publicly trading company that lists on the OTC Bulletin Board as FCCN and on the Frankfurt exchange as F3SN. The Company is currently engaging in due diligence on the Kazakhstan property. They expect to close the acquisition early in the first quarter of 2011. This is provided that the due diligence process validates the size and scope of the gold resource. Jenifer Osterwalder, Spectral CEO, stated, "We believe that this massive…