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Bullboard - Stock Discussion Forum
Resource Capital Gold Corp
GDPEF
Metals & Mining
Gold
Industrial Metals & Minerals
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.
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Bullboard (GREY:GDPEF)
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damianchosenone
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Comment by
damianchosenone
on Apr 06, 2019 10:27am
RE:RE:RE:RE:RE:RE:Bound to fail!
Rager: and met at pdac and met once again 2 weeks ago. Why? Definitely interested; probably want to show others that they aren't so there is no bidding war. Its ideal for them as they will take at
...more
(21)
•••
therager
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Comment by
therager
on Apr 06, 2019 9:06am
RE:RE:RE:RE:RE:Bound to fail!
Bottom Line Damian is that ANX is an example of a well run junior and RCG is the exact opposite. Hubris and ignorance killed RCG!!! ANX has stated they expect to have a Bankable FS completed by
...more
(5)
•••
damianchosenone
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Comment by
damianchosenone
on Apr 06, 2019 12:40am
RE:RE:RE:RE:Bound to fail!
According to a geologist that knows the project it is not production ready to yield steady income as it needs money for exploration and drilling. In the future it might be as big as goldboro
(5)
•••
damianchosenone
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Comment by
damianchosenone
on Apr 06, 2019 12:22am
RE:RE:RE:RE:Bound to fail!
If you read all the pwc reports sprott lending lawyers passed on papers to rcg in January that they were in default. Then rcg had to do stay of proceedings. Basically now rcg has to sell assets to pay
...more
(44)
•••
LeftBook
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Comment by
LeftBook
on Apr 06, 2019 12:16am
RE:RE:RE:Bound to fail!
Agreed. I always thought the tailings were low hanging fruit. But not my call. Hmm. I thought/speculated that Sprott Lending would want to provide a larger credit facility if it was a steady source
...more
(5)
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damianchosenone
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Comment by
damianchosenone
on Apr 05, 2019 11:30pm
RE:RE:Bound to fail!
Would be a better proposal to creditors if they could get the 5000 thousand ounces of gold in the short term and pay off an extra 5 million of debt. I mean sprott lending would then have half their
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(44)
•••
LeftBook
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Comment by
LeftBook
on Apr 05, 2019 10:56pm
RE:Bound to fail!
My understanding is they literally looking for ".. Offers of Purchase or Investment". They not risking any cash, no matter how promising, on operations to recover gold. They are
...more
(5)
•••
damianchosenone
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Post by
damianchosenone
on Apr 05, 2019 9:53pm
Bound to fail!
So leigh stated over a month ago that jack was hoping that Rcg would be able to do some short term mining to get gold from the stopes that were fully developed and from the tailings. According to a
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(44)
•••
LeftBook
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Comment by
LeftBook
on Apr 05, 2019 7:03pm
RE:RE:RE:RE:We need some actual news
Jherek, I enjoyed the news updates. There was certainly a lot of promise in 2016 and 2017. It was nice to see the things rolling out. It is pity that they don't continue post. It does
...more
(44)
•••
LeftBook
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Post by
LeftBook
on Apr 05, 2019 4:50pm
pwc update April 4, 2019
Status of File As At April 4, 2019 Resource Capital filed notices with the Supreme Court of British Columbia today for a court hearing to be scheduled for Friday, April 12
...more
(44)
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LeftBook
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Post by
LeftBook
on Apr 05, 2019 1:27pm
conservative estimate of RCG's value
I have been looking for a conservative estimate of RCG's value. It is easy to come up with black friday numbers that slash everything by, say, 50%. I am looking for
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(4)
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Jherek
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Comment by
Jherek
on Apr 05, 2019 1:19pm
RE:RE:RE:We need some actual news
That timeline is definitely useful Leftbook. By the way I wasn’t saying that the conversations here were useless, I was mostly stating my disappointment at the lack of proper news releases ever since
...more
(0)
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kenmar
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Comment by
kenmar
on Apr 05, 2019 12:44pm
RE:RE:RE:We need some actual news
Like your contribution to this board discussion Leftbook. Keep it up. Haven't heard from Leigh in awhile. You out there Leigh?
(44)
•••
LeftBook
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Comment by
LeftBook
on Apr 04, 2019 4:01pm
RE:RE:We need some actual news
see Timeline on link below here is some of the text **** Near Term Production Ready Gold Project Request for Offers of Purchase or Investment Timeline Feb 22
...more
(44)
•••
LeftBook
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Comment by
LeftBook
on Apr 04, 2019 3:59pm
RE:We need some actual news
I like the down in trenches info even if there are some red herrings It would be interesting to hear how shareholders really value the assets for themselves. The speculations on where the market is
...more
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