Resource Capital Gold Corp GDPEF

RE:Had discussion with Erik Williams at IBK

[lmcbain]

No sure what happened to my original response, but here is essentially a repeat:
 - it is very difficult to comment on how long the raise will take to complete and IBK certainly wasn't willing to put a timeline on it.
 - the market is not currently showing any sign of IBK having started anything yet; however, I didn't really expect much this week with Canada Day having been on Monday and July 4th being Friday.
 - I do not believe the terms have changed form the 10 cent figure, but I have not seen an Offering Memorandum yet, so can't hang you hat on anything just yet.

I do expect to see some news start to come into play once the marketing of the raise starts, so hopefully next week. Again, I have no control over thta, but there is news that can be released (Anggrek update for instance) and should be released, so I think it's a good bet.

I hope everyone had / has a good long weekend.

Salut,
Leigh McBain