Resource Capital Gold Corp GDPEF

RE:RE:RE:RE:RE:old Anaconda offer

[damianchosenone]

Left book! I believe dufferin is worth over 50 million. A geologist said that there is a whackload of gold there and only a small dot of dufferin has been drilled and explored. Once they do diamond drilling they will get massive targets where to get the gold. They described that in press releases that was like properties in Australia. They also have very low costs to mine the gold. The reason why I believe it wont sell for as much as it should is because there is nothing to believe any more. For the past 18 months they kept making excuses whenever something wrong happened. They fired young because they said they needed more promotion and needed someone different moving forward and then havent hired someone since. Their bulk samples numbers went down because they didnt do enough diligence and drilled anywhere instead of defining targets. They overhired workers and blamed permits being late. They rented out and leased faulty equipment and paid for it instead of getting the companies that owned the equipment pay. The management blamed each other who screwed up and why they didnt sell to anaconda or merge with them. Meanwhile they drove the price down to a penny. Anonymous sold 30 million shares over last 4 months which really makes you ponder which shareholders had that many shares and that they knew a bankruptcy would happen. I dont know Gibson and he seemed pleasant to speak with a few weeks back but I have been told by many that he only serves his own interest. I also heard that gibson has driven some companies down to the ground and then privatized them. One was called jerrit canyon. Again, I am not sure how true this is but it's hard to believe that anyone in management will get us a good deal. And if you check pwc insolvency success rate and it's very low.