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Resource Capital Gold Corp GDPEF

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.


GREY:GDPEF - Post by User

Comment by LeftBookon May 02, 2019 10:38am
27 Views
Post# 29700462

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:hypothetical investment of $20M cash plus $20M tax credits

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:hypothetical investment of $20M cash plus $20M tax credits

Damian,

Why do you think AGB will hit $5 ?

You are leaning hard on the Gibson factor for the results of the bulk sampling. RCG never had enough cash to boot strap operations. Perhaps the results would have been better with better resource definition. As-is the company leveraged the tax credits to the gills. 

If there was a M/A with Atlantic then Dufferin, Tangier, Forest Hill  would become properties on the balance sheet until the company had time to mine them. But the tax credits would be useful sooner. They are more cash like.

In an M/A with ANX the tax credits are more like mining gold.



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