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News Focus
Coeur Commences Drilling at Silver North's Tim Project (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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.

Bullboard (GREY:GDPEF)

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Comment by damianchosenoneon Mar 14, 2019 7:22pm

RE:RE:RE:RE:RE:RE:RE:old Anaconda offer

So what do you expect or want to happen? Someone buys out rcg completely for 25 million. Means after 20 million liabilities , we shareholders split 5 million between 175 million shares. The tax ...more  
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Discussion
Comment by LeftBookon Mar 14, 2019 6:37pm

RE:RE:RE:RE:RE:RE:old Anaconda offer

yeah its sounds kind of bipolar as you swing from highs to lows. you have effectively bracketed book value of $13M by plus or minus $15M. It will likely be in that range.
37
Discussion
Comment by LeftBookon Mar 14, 2019 5:42pm

RE:RE:RE:RE:RE:RE:old Anaconda offer

Your $50M makes me the pessimist.  My optimism for Dufferin is limited to the $24M listed on the balance sheet. I estimate $32M of value with $8M or three years worth of tax-credits fully priced ...more  
40
Discussion
Comment by damianchosenoneon Mar 14, 2019 2:00pm

RE:RE:RE:RE:RE:old Anaconda offer

I am hoping that I am wrong about everything and we sell for a high price or merge with somebody. I'm hoping Gibson saves is like they did Bakerville. He said he really liked dufferin and tangier. ...more  
45
Discussion
Comment by damianchosenoneon Mar 14, 2019 1:54pm

RE:RE:RE:RE:RE:old Anaconda offer

Left book! I believe dufferin is worth over 50 million. A geologist said that there is a whackload of gold there and only a small dot of dufferin has been drilled and explored. Once they do diamond ...more  
37
Discussion
Comment by LeftBookon Mar 14, 2019 1:26pm

RE:RE:RE:RE:old Anaconda offer

I agree with much of your assesment of the situation. I disagree with your $0 valuation. I am personally surprised at your lack of self interest  by talking down the price. A pessimistic ...more  
39
Discussion
Comment by damianchosenoneon Mar 14, 2019 11:17am

RE:RE:RE:old Anaconda offer

Leftbook you are calculating way too much! Its all about how many offers RCG gets and if they get into a bidding war. Problem is that to get more offers and to make Dufferin and other properties look ...more  
43
Discussion
Comment by LeftBookon Mar 14, 2019 9:39am

RE:RE:old Anaconda offer

Share prices were in the same ballpark in the spring of 2017 so that would have brought the shareholders on side. ( I think share price at par is a coincidence. Share price swings, soars and ...more  
39
Discussion
Comment by damianchosenoneon Mar 13, 2019 11:10pm

RE:old Anaconda offer

I was told it was a share for share merger so it had to be closer to a time where both were similar in price. Never told exact date but it was in 2017.
42
Discussion
Post by LeftBookon Mar 13, 2019 10:13pm

old Anaconda offer

Damian,  do you have any other details about the old ANX offer other than 25c/sh ? eg. share count at the time  Was it ... merger with RCG or buyout of RCG or purchase of just one ...more  
65
Discussion
Comment by LeftBookon Mar 13, 2019 10:09pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Anaconda out of the game!

Damian, re: your 3c/sh yield (roughly $5M) if Dufferin sold for $25M ( = $20 liabilities + 3c/sh ) then the company would be debt free. The shareholder equity would be unchanged at $13M. The ...more  
29
Discussion
Post by damianchosenoneon Mar 13, 2019 3:56pm

Anyone know any of the interested parties?

1). Anaconda has been onsite again been told 2). Atlantic Gold 3) . Sprott buys out rcg and pays debt and owns over 50 percent of company. 4). Heard of a rich Japanese group that is interested. 5 ...more  
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Comment by damianchosenoneon Mar 13, 2019 3:08pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Anaconda out of the game!

There are people and not companies that have a lot of cash to start up a new company with rcg properties that will pay more than Anaconda. There are some that are aware that there will be more gold at ...more  
43
Discussion
Comment by LeftBookon Mar 13, 2019 2:02pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Anaconda out of the game!

RCG comes down a $32.8M balance sheet with $12.8M of share holder equity. Plus $20M of tax credits off balance sheet. The 10 interested parties are looking at the same thing.  Will it go to the ...more  
36
Discussion
Comment by damianchosenoneon Mar 13, 2019 1:05pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:Anaconda out of the game!

Leftbook; These numbers will not be as useful in negotiations as supply and demand is. Muchbetter that there are over 10 interested groups in the projects than company numbers. The value of Anaconda ...more  
37
Discussion
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