Resource Capital Gold Corp GDPEF

RE:RE:****STREET RUMORS*******

[damianchosenone]

I spoke to Greg Gibson Friday afternoon; he was headed to the Bmo Conference when he called me. He reiterated that he does not work for Rcg, but is helping them with making a deal because they put in over 5 million into the company and are trying to get some or all of it back. He stated that it sucks to invest in juniors because they are rarely successful and that unfortunately retail investors get screwed first. He said for an institutional investor they have millions of dollars and can lose 2 to 3 on one as they are invested elsewhere that they make a killing and need tax losses. With that being said, he mentioned you cannot take a tax loss on a bankrupt company. He said he really likes the dufferin and tangier properties and that there were already 2 companies that contacted him. Also said that he is confident Anaconda is interested and that they will be promoting and talking about Rcg to interested parties at the BMO and PDAC conferences. In the end he said " don't count rcg out just yet"