Resource Capital Gold Corp GDPEF

Metals & Mining Gold Industrial Metals & Minerals

RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.

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Resource Capital Gold Corp > hypothetical RCG+ANX merger

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Comment by LeftBookon Apr 19, 2019 8:20pm

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Post# 29650019

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:hypothetical RCG+ANX merger

As I understand it, it would have had to have been a merger. ANX did not have the cash to buy RCG then nor does it now. RCG's balance sheet is more or less the same as it was then. Roughly $30M of assets, roughly 7c/sh per share of equity, a higher percentage of equity compare to debt. The share count is higher now. The tax credits are a bit higher.

It was a while back.

Did Sprott want to increase his slice of the pie ? dunno.
Other shareholders were diluted.

Did ANX want the mill and mine developed further ? dunno.

Did Gibson, Young, Lewis, Sprott, or Cartmel have a plan for the tax credits ? hmmm.
The prolonged sell-off moved the tax-credits into new hands.

Now that we are in full blown conspiracy mode.
Did Sprott Lending figure into the picture earlier than we think ? dunno

All are curosity items.
Time and business ratchet forward.
Next.

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