Resource Capital Gold Corp GDPEF

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:PERFECT - RCG - PLAN ?

[damianchosenone]

Leftbook,

Never had a good experience or result after a consolidation. We saw RCG go up from 1 penny to 5 with consolidation and then go up to 32 cents ( for a day and about 6 cents pre consolidation). It had dropped back to a penny which means its worth 5 times less than it was when it was originally a penny. History repeats itself!

I would totally be fine if RCG did a 10 to 1 and the 375 million shares went to 37.5 and then they release a bunch of news and do a financing at 50 cents or a dollar, but from experience I can see that a financing would be done at 20 cents and ( 2 cents old price). If they kept RCG at a penny withut consolidating, they would have to do a minimum 5 cent financing ( 50 cents at 10 to 1). 

I would. much rather that RCG goes to 5 cents naturally without a consolidation ( it will on its won with some good news ). Then they can do a 5 cent or 10 cent financing and then do a 5 to 1 or 10 to 1 and the price could start at 25 cents or 50 cents! Would totally be fine with that! If they do a consolidation at 10 to 1 at a penny, then by the time w ege tot 30 cents ( old 3 cents) the amoutn of shares out after placements will be back to 175 million or more anyway!!!!