Resource Capital Gold Corp GDPEF

RE:So basically

[lmcbain]

The chance of "us" recovering some kind of return is dependent on a couple of things:

• What is your base cost average? Shareholders here are all over the map in terms of their underlying average cost / share, but a lot of shres traded after it got to the .01 to .015 price per share range and the people who bought shares there have a much better chance of making money at some point.
• Making anything back depends on the outcome of the current process. "IF" they manage to retain assets (Tangier, Forest Hill, exploration property surrounding Dufferin) the odds improve dramatically. "IF" they eliminate the debt load, but can roll in a new project and retain the tax credits to leverage then not all will be lost, but a rollback (probably 10:1 or more) and making money becomes a lot more difficult, but losing less becomes a better possibility. "IF" the current process fails and the company can't retire enough of it's debt and still loses the assets, the potential for recovery is quite simply eliminated.

I say "us", in quotes, at the start of this response simply because of the significant variance in the various shareholder's average share price - there is no blanket "us".

Salut,
Leigh McBain