Resource Capital Gold Corp GDPEF

Bound to fail!

[damianchosenone]

So leigh stated over a month ago that jack was hoping that Rcg would be able to do some short term mining to get gold from the stopes that were fully developed and from the tailings. According to a former worker tailings had 2 to 3 thousand ounces and stopes a few more for sure. That wound have yielded over 5 million profit. If you read today's trustee report it states that rcg is saving money from the debt financing they did as they will not pay as much for reclamation bond as they are not doing short term mining and also will not be reprocessing tailings or updating a new technic report for dufferin. Why not? 200k would make rcg 5 or .or more million to pay for liabilities? Also why extend proposal time to may28 when loi us due April 26? Seems like sprott lending does not want rcg to survive and succeed after and just wants their cash. If the wanted them to succeed they would let them mine for the tailings and stopes to pay off debts. Cant think another reason for why rcg decided not to do this since the gold is is easily available and with minimal expense .