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Ready Capital 6 20 Senior Notes due 2026 T.RCB


Primary Symbol: RCB

Ready Capital Corporation is a real estate finance company. The Company originates, acquires, finances, and services small-balance commercial (SBC) loans, small business administration (SBA) loans, residential mortgage loans, construction loans, and to a lesser extent, mortgage-backed securities collateralized primarily by SBC loans, or other real estate-related investments. Its segments include SBC Lending and Acquisitions, Small Business Lending and Residential Mortgage Banking. Its SBC Lending and Acquisitions segment originates SBC loans across the SBC property, including construction, bridge, stabilized and agency loan origination channels, through its subsidiary, ReadyCap Commercial, LLC. Its Small Business Lending segment acquires, originates and service owner-occupied loans guaranteed by the SBA, through its subsidiary, ReadyCap Lending, LLC. The Residential Mortgage Banking segment operates its residential mortgage loan origination segment through its subsidiary, GMFS, LLC.


NYSE:RCB - Post by User

Post by goldpigon Mar 07, 2011 5:23pm
196 Views
Post# 18246976

Zinc offtake agreement

Zinc offtake agreementIts my understanding that they will begin negotiations next week for the sale of  zinc production.
Sivas is expected to close very soon.
They plan a blitz drilling program to twin Falconbridges holes plus some infills.
Then, a new 43-101 to be followed by a feasability study.
They may look for a senior JV partner to fast-track mine development with a late 2013 production target.
Zinc concentrators are proceeding.
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