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Bullboard - Stock Discussion Forum Resource Capital Gold Corp GDPEF

RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.

Bullboard (GREY:GDPEF)

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Comment by LeftBookon Jun 26, 2019 11:15pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:****RCG SOLD FOR A BARGAIN**** $1438 gold ******

Or they couldn't afford more than their lowest valuation. Or they couldn't get the discount they wanted
Comment by damianchosenoneon Jun 26, 2019 10:53pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:****RCG SOLD FOR A BARGAIN**** $1438 gold ******

60 percent discount of 40 million and someone gets it for 16 million. George's group isnt involved anymore anyway so i guess they didnt see enough value to keep bidding
Comment by LeftBookon Jun 26, 2019 10:40pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:****RCG SOLD FOR A BARGAIN**** $1438 gold ******

George's low end of $30M US is CAD$40M which in turn is the $30M balance sheet plus the $10M for the tax credits.
Comment by damianchosenoneon Jun 26, 2019 10:06pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:****RCG SOLD FOR A BARGAIN**** $1438 gold ******

no clue how much its worth. I know George Young told me he thought between 30 and 50 million US. he also is an optimist and said that management would find something good when it was 2 cents a few ...more  
Comment by LeftBookon Jun 26, 2019 9:51pm

RE:RE:RE:RE:RE:RE:RE:RE:****RCG SOLD FOR A BARGAIN**** $1438 gold ******

I am interested in what it is worth. I am not interested in guessing what the bids might be. if it is worth, say, $30M and it sells for, say, $15M then there was a 50% haircut.
Comment by damianchosenoneon Jun 26, 2019 9:29pm

RE:RE:RE:RE:RE:RE:RE:****RCG SOLD FOR A BARGAIN**** $1438 gold ******

Leftbook we will be lucky to get 15 million. PwC didnt make the bidding competitive and as a result all the companies will offer their lowest valuations and not highest!
Post by damianchosenoneon Jun 26, 2019 10:44am

Reality is a shell at best!

cryptocurrency once again taking all investors; why invest in some Cr$$py junior gold companies or mining at all when it just keeps getting pounded and institutions are completely staying away from ...more  
Comment by LeftBookon Jun 25, 2019 3:29pm

RE:RE:RE:RE:RE:RE:RE:RE:****RCG SOLD FOR A BARGAIN**** $1438 gold ******

$18.2M was invested between June 2016 and June 2018 at 14c Sprott's average is similar at 15c   174.8-45.3 = 129.5 shares 33.2 -15.1 = $18.2 invested   18.2/129 ...more  
Comment by LeftBookon Jun 25, 2019 1:27pm

RE:RE:RE:RE:RE:RE:RE:****RCG SOLD FOR A BARGAIN**** $1438 gold ******

sprott's value of the company if he owned all the shares. I assume he is savy about the PEA and the tax credits. at his lowest cost 15.75 M = 9c/sh * 175M if he owned all the shares + 18.3 M ...more  
Comment by LeftBookon Jun 25, 2019 1:14pm

RE:RE:RE:RE:RE:RE:****RCG SOLD FOR A BARGAIN**** $1438 gold ******

Damian! Why the swings from $20 million to $50 million ? balance sheet $31M assets + 10M tax credits = 41M total sprott's value of the company including tax credits 26.25 M = 15c/sh * 175M if he ...more  
Comment by LeftBookon Jun 25, 2019 12:56pm

RE:RE:RE:RE:RE:****RCG SOLD FOR A BARGAIN**** $1438 gold ******

I have read the PEA. I haven't seen the details from the bulk sampling.
Comment by damianchosenoneon Jun 25, 2019 12:22pm

RE:RE:RE:RE:****RCG SOLD FOR A BARGAIN**** $1438 gold ******

Well then if that is the case, then we will see 15 to 20 million instead, hence the empty shell at best!
Comment by LeftBookon Jun 25, 2019 12:17pm

RE:RE:RE:****RCG SOLD FOR A BARGAIN**** $1438 gold ******

RCG never had the cash for a strong plan that might have fetched $50 million That said, it might be worth $50 million. I understand the potential and the effort needed to get to the next level. I ...more  
Comment by LeftBookon Jun 25, 2019 10:34am

RE:RE:****RCG SOLD FOR A BARGAIN**** $1438 gold ******

50 million at 1450 gold seems like a fair price rather than a bargin If management comes up with a strong plan then 50 million might be a bargin.
Comment by damianchosenoneon Jun 25, 2019 10:00am

RE:****RCG SOLD FOR A BARGAIN**** $1438 gold ******

Have heard from management verbatim that Eric Sprott i snot directly involved in any of the final 4 bids, meanign that he definitely isnt in th efinal 2, unless someone decided to make a last minute ...more  
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