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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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Post by Jherekon Apr 04, 2019 3:06pm

We need some actual news

It would be nice to have some actual, official news on this instead of just hearing speculation.  Its already April so I’m hoping we hear something before mid summer
Comment by LeftBookon Apr 04, 2019 2:08pm

RE:RE:RE:RE:RE:RE:****AnxRcg*****

security and ownership are two different things     if some kid driving a lambo invests $20M in RCG the ownership of Dufferin is clearly MGDC     there is still lots of ...more  
Comment by damianchosenoneon Apr 04, 2019 1:37pm

RE:RE:RE:RE:RE:****AnxRcg*****

Sprott lending does not need to buy anything. They own the rights to all the assets that management signed away when they asked sprott to pay for the properties in December 2017
Comment by LeftBookon Apr 04, 2019 1:12pm

RE:RE:RE:RE:****AnxRcg*****

If a conservative valuation of Dufferin is higher than the debt then Sportt Lending could conceivably buy Dufferin from RCG rather than let a competitor take it for a low ball offer or forcing ...more  
Comment by damianchosenoneon Apr 04, 2019 11:22am

RE:RE:RE:****AnxRcg*****

I don't know what the offer will be, but I know that everyone is aware of what Sportt Lending and the CRA are owed. They are the only 2 parties that need to get paid in order for the properties to ...more  
Comment by LeftBookon Apr 04, 2019 11:07am

RE:RE:****AnxRcg*****

Dufferin and Forest Hill What the offer ?
Comment by damianchosenoneon Apr 04, 2019 10:02am

RE:****AnxRcg*****

They are after Dufferin and Forest Hill, which is closer. Their offer is too low. Will be beat by several other companies
Comment by damianchosenoneon Apr 04, 2019 9:31am

RE:****AnxRcg*****

They are after Dufferin and Forest Hill, which is closer. Their offer is too low. Will be beat by several other companies
Post by LOCKDOWNon Apr 04, 2019 7:34am

****AnxRcg*****

Anaconda Mining Intersects 42.85 g/t Gold Over 3.8 Metres and 9.83 g/t Gold Over 3.5 Metres at Goldboro.Know you all know why they are after Dufferin!!!!!! LOL !!!!!! Cannot blame them for trying to ...more  
Comment by LeftBookon Apr 03, 2019 5:01pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:tax-loss credits again

thanks for the clarification looking forward to an update
Comment by damianchosenoneon Apr 03, 2019 4:57pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:tax-loss credits again

That offer was made up! I asked again and they couldn't tel me where they got it from and heard froma friend who spoke to Jack that there were no offers. Secondly, I spoke to someone that knows ...more  
Comment by LeftBookon Apr 03, 2019 4:46pm

RE:RE:RE:RE:RE:RE:RE:RE:tax-loss credits again

Damian, I thought you said that there might be a $13M offer for Dufferin. Did the rumour fail to pan out ? --- $10M for the assets would leave it bankrupt. That's one scenario. Check. C'est ...more  
Comment by damianchosenoneon Apr 03, 2019 3:13pm

RE:RE:RE:RE:RE:RE:RE:tax-loss credits again

Leftbook: I'm telling you all the assets will sell for 10 million or less.
Comment by LeftBookon Apr 03, 2019 3:05pm

RE:RE:RE:RE:RE:RE:tax-loss credits again

if RCG takes $13M haircut, (a complete loss on all the improvements), and sells the assets for $18.3M to settle $18.3M of liabilities then the useless shell would have a $0 balance sheet. Let's ...more  
Comment by damianchosenoneon Apr 03, 2019 3:04pm

RE:RE:RE:RE:RE:tax-loss credits again

Leftbook: you sound way too optimistic with your numbers; we will be lucky to come out a she. At that point we have no money and will have to take a long time to find a ceo and a property and get a ...more  
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