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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 NineLiveson Feb 26, 2019 4:41pm

RE:RE:RE:RCG's Dufferin as much as Anaconda's Goldboro in output

If I was running a take over company I would offer to assume the debt plus 1 share of new corp for every 10 shares outstanding.  Debt to be negotiated over a fixed payment term then finance with ...more  
Comment by LeftBookon Feb 26, 2019 4:21pm

RE:RE:RCG's Dufferin as much as Anaconda's Goldboro in output

I agree it is rarely wise to pay up for assets. It just takes longer to realize a profit. If you were, as you said ANX, what is the maximum you would pay for RCG - the entire company - as-is ? 
Comment by damianchosenoneon Feb 26, 2019 3:43pm

RE:RE:RE:RE:RCG's Dufferin as much as Anaconda's Goldboro in output

Dufferin is very near production and with some diamond drilling can really improve on the yield results. Anaconda knows this; they didn't offer Rcg 30 -35 million 18 months ago for fun. In fact ...more  
Comment by therageron Feb 26, 2019 3:30pm

RE:RE:RE:RCG's Dufferin as much as Anaconda's Goldboro in output

Don't forget, the reason RCG is in this positon is because they are being crushed by the debt load and have no near term path to production without a lot more capital.  Why would ANX saddle ...more  
Comment by damianchosenoneon Feb 26, 2019 3:00pm

RE:RE:RCG's Dufferin as much as Anaconda's Goldboro in output

I bet there will.be at least 4 bidders . Don'T discount new companies and consultants looking for new investments for their billion dollar offshore clients.
Comment by therageron Feb 26, 2019 1:36pm

RE:RCG's Dufferin as much as Anaconda's Goldboro in output

Goldboro anticpated to be 80K oz to 100K oz per annum.  Not 20K.  If I am ANX, I am much more interested in doing a deal with MAE than I am paying up for any of the RCG assets.  ANX ...more  
Comment by LeftBookon Feb 26, 2019 1:09pm

RE:RE:RE:Wouldn't sell all of RCG for less than 50 million

$89.2M post tax NPV x 3 properties (Dufferin, Tangier, Forest Hill) = $268M your $50M is almost 20% of a multi-decade project --- I have taken the liberty of not including $20M of tax-loss credits ...more  
Post by damianchosenoneon Feb 26, 2019 12:54pm

RCG's Dufferin as much as Anaconda's Goldboro in output

Goldboro is supposed to yield about 20000 ounces/annum; Dufferin is supposed to yield about the same. Anaconda needs a mill and RCG has one. If Anaconda was to build their own mill and all the ...more  
Comment by damianchosenoneon Feb 26, 2019 12:15pm

RE:RE:Wouldn't sell all of RCG for less than 50 million

Don't forget that Tangier and Forest Hill are really good proeprties that have already produced 30000 ounces fo gold in the past. In my opinion the other two properties will have Higher PEA's ...more  
Comment by LeftBookon Feb 26, 2019 12:07pm

RE:Wouldn't sell all of RCG for less than 50 million

By my calculation you want book plus two years of production. --- Sept 2018 book value $13.0M year 1 CCF  $10.715M Taxes   $3.554M (covered by tax loss credits) year 2 CCF  $13.195M ...more  
Post by damianchosenoneon Feb 26, 2019 11:44am

Wouldn't sell all of RCG for less than 50 million

700 thousand ounces of gold between the three projects and much of Dufferin still has tonnes of upside. a Gelogist friend went there half a year ago and said there is a lot of gold and some extra ...more  
Comment by damianchosenoneon Feb 26, 2019 10:45am

RE:*****DUSTIN ANGELO ANX CEO*****

Why do you keep stating this? If you can make it happen, please do!
Comment by damianchosenoneon Feb 26, 2019 10:44am

RE:RE:Possible Scenario?

Why would he do it?  He said himself a few years back that it was one of his 3 favourite projects; I asked Gibson that a few days ago and he said the he liked Dufferin a lot. I was also told by ...more  
Post by LOCKDOWNon Feb 26, 2019 10:39am

*****DUSTIN ANGELO ANX CEO*****

Dustin is a fine example of how to manage a company!!! IF WE ARE BLESS ED WITH A TAKEOVER BID FROM ANX RETAIL INVESTORS OF RCG MIGHT HAVE HOPE !!!!
Comment by LOCKDOWNon Feb 26, 2019 10:32am

RE:Possible Scenario?

MR.DAMIAN WHY WOULD SPROTT DO THAT??RCG HAS NO PEOPLE TO MANAGE RCG??? SPROTT GOT HIMSELF INTO A MESS WITH RCG !!
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