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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 Jul 21, 2019 6:17pm
RE:RE:RE:RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
Leftbook- someone can make a proposal to offer secured creditors ( sprott) 1 million. ( they should take it as they already got all the properties and wrote off the project). They can offer unsecured
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(44)
•••
LeftBook
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Comment by
LeftBook
on Jul 21, 2019 3:29pm
RE:RE:RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
Hard to see how this works out even if CRA gets paid. Below is an estimate of the two balance sheets --- Sprott Lending balance sheet ASSETS Development property &
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(44)
•••
LeftBook
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Comment by
LeftBook
on Jul 21, 2019 3:04pm
RE:RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
PwC listed CRA as a creditor If I understand it correctly Jack and the other directors are on the hook for the amount owed to CRA if/when RCG fails. If on the other hand someone invests in RCG then
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(5)
•••
damianchosenone
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Comment by
damianchosenone
on Jul 21, 2019 1:22pm
RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
Cra is owed by Jack and directors. They are the ones that withheld taxes from workers cheques and made those foolish decisions
(44)
•••
LeftBook
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Comment by
LeftBook
on Jul 21, 2019 11:46am
RE:RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
First my sentiment. possible/likely outcome 2019 1. the company declares bankruptcy 2. gets delisted from the exchange 3. shares are worth nothing
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(7)
•••
LOCKDOWN
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Comment by
LOCKDOWN
on Jul 21, 2019 7:12am
RE:RE:RE:*** RCG DAMIAN PREACHING HOPE***
Leftbook do you really think what you and Damian are saying is a reality all my research is saying delisting and common share holders will be at total loss? My broker is saying zero is the
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(44)
•••
LeftBook
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Comment by
LeftBook
on Jul 21, 2019 6:40am
RE:RE:*** RCG DAMIAN PREACHING HOPE***
I agree with Damian. The tax credits belong to the shareholders and have significant value to a company with taxes owing. The company is owned by the shareholders. At this point it has
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(7)
•••
LOCKDOWN
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Comment by
LOCKDOWN
on Jul 20, 2019 8:12pm
RE:RE:*** RCG DAMIAN PREACHING HOPE***
Damian does Leftbook see it the way you do he is the numbers guy?
(5)
•••
damianchosenone
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Comment by
damianchosenone
on Jul 20, 2019 4:59pm
RE:*** RCG DAMIAN PREACHING HOPE***
25 million tax credits belongs to shareholders. If someone makes a proposal for paying off secured and unsecured creditors a million each, those credits are worth a lot more!
(7)
•••
LOCKDOWN
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Post by
LOCKDOWN
on Jul 20, 2019 4:42pm
*** RCG DAMIAN PREACHING HOPE***
Damian great to see you posting again ! Bankruptcy of RCG must have been a hard blow to you.Nice to see you post some hope for RCG share holders.Business requires tough decisions sometimes my research
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(5)
•••
damianchosenone
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Post by
damianchosenone
on Jul 20, 2019 12:02pm
Found australian company needing shell
With tax credits. They are shovel ready. I wonder if they make a proposal for 1 million to both unsecured and secured and offer us 5 million for all of our shares or get us to merge with their company
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(44)
•••
LeftBook
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Comment by
LeftBook
on Jul 18, 2019 9:28am
RE:RE:RE:RE:RE:RE:RE:Sprott lending planned bankruptcy
therager wrote: I mentioned this back in June regarding the project was not all that it was being purported to be. This is apparent from the PWC report as well as the actions (or lack thereof)
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(44)
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LeftBook
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Comment by
LeftBook
on Jul 18, 2019 9:16am
RE:RE:RE:RE:RE:RE:RE:RE:Sprott lending planned bankruptcy
Damian wrote that Gibson did not allow for mining of some gold during the bulk sampling program. Lockdown, I recall you saying that RCG did not start mining in the best location. Is that correct ?
(44)
•••
LeftBook
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Comment by
LeftBook
on Jul 18, 2019 8:06am
RE:******RCG PWC NEWS IS OUT ******
yup. weiner roast it is.
(7)
•••
LOCKDOWN
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Post by
LOCKDOWN
on Jul 17, 2019 6:45pm
******RCG PWC NEWS IS OUT ******
RCG BANKRUPT LOOKS LIKE ITS A WEINER ROAST LEFTBOOK.LOL... ITS BEEN A BLAST HOWS DAMIAN FEELING THESE DAYS HE IS QUIET THESE DAYS /
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