GREY:GDPEF - Post by User
Comment by
damianchosenoneon May 17, 2019 3:44pm
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Post# 29756936
RE:RE:RE:******RCG NEWS UPDATE******
RE:RE:RE:******RCG NEWS UPDATE******Lockdown,<br /> <br /> If RCG could yield over 1 million ounces from their 3 assets, we would be sitting pretty and sell for a lot!<br /> <br /> Lets hope that the 4 companies that are in negotiations are all recognizing the potential of the proeprties and how much godl there is. I have heard form numerous parties that Dufferin has about as much gold as Goldboro, yet Anaconda didn't offer a smuch as they coul;d have ( I don't think they though RCG was going to have a bidding war with 9 companies involved).<br /> <br /> Santa Barbara has lots of money and if John Levings or Gary Lewis told them about RCG potential, they can easily issue 15-20 miillion shares and not even make a dent in their dilution ratio.<br /> <br /> I think we will get all the RCG debt paid down and have a company takeover or a company will merge with us and we will get shares in that company. With 4 bidders remaining, I see north of 30 million value now!