Resource Capital Gold Corp GDPEF

******RCG 30 CENTS +******

[LOCKDOWN]

I am hearing retail will come out north of 30 cents value sounds high .

[damianchosenone]

Haha good one Lockdown! If it opens at 30 , it's because we will get consolidated 30 times! unless..... someone buys it at 10 cents and consolidates 10 times; then they announce immediate operations at dufferin and that they mined 4 to 5 million in gold ( right there in the tailings and stopes)

[LeftBook]

30c * 175M shares = 52.5M Values RCG at $73M 73M assets - 20.5M liabilities incl SISP = 52.5M shareholder equity $73M values RCG at 1/10th of Atlantic's $690M buyout Tax credits buried into the value.

[damianchosenone]

Leftbook! Do you think someone offers rcg 73 million?

[damianchosenone]

To sell rcg at 70 million means somebody knows that tangier and forest hill have as much gold as dufferin. If Npv of duff is 89.2 million, would Santa Barbara pay 70? They do get the 2 extra properties and tax credits and they must know that dufferinnhas more gold then what was reported. I just cannot see an offer even close to that. Lockdown at least make a reasonable prediction!

[LOCKDOWN]

Damian other people seem to differ with your information it appears the value of RCG is farther north than its paper value and the interest in the assets seem to agree .

[LeftBook]

Atlantic was sold in all cash deal for roughly the NPV of the consolidated Moose River project (Touquoy, Beaver Dam, Fifteen Mile and Cochrane Hill). An all cash deal at NPV made sense for Atlantic. Atlantic shareholders were being taken out of the game. The question is whether RCG can be sold for Dufferin's NPV of $89.2M ? Or a somewhat lower bid such as 30c/sh mentioned by LOCKDOWN Maybe ...

[LOCKDOWN]

LeftBook you are amazing with math can you organize this scenario into some numbers that may make some logical sense. if RCG advance their assets to the level ABG developed their assets and then sold out at 800 million dollars that would make RCG shares value around $4.50 per share .I think that would make DAMIAN  and  SPROTT very happy investors. WHAT ARE YOUR THOUGHTS ON THIS

[LeftBook]

RCG's post tax NPV is $89.2M 89.2M/175M = 50c If RCG advanced Tangier and Forest Hill and each had the same NPV as Dufferin then the condolidated NPV would be $1.50