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Bullboard - Stock Discussion Forum Resource Capital Gold Corp GDPEF

Metals & Mining Gold Industrial Metals & Minerals

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.

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Comment by speckyon Jul 08, 2019 9:30pm

RE:Sprott lending and sprott own to loan

I have heard similar to this. Gibson can not use ignorance given his experience. Incompetence, bad luck, are not the reasons for this failure. Why would Sprott rather take the property than the ...more

Discussion

Post by damianchosenoneon Jul 08, 2019 8:25pm

Sprott lending and sprott own to loan

Remember Gibson has a history of screwing shareholders and taking over mines that he bankrupts. He called it one of his top three projects! Hired his sons who appareny were useless ( heard this from a ...more

Discussion

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Comment by LeftBookon Jul 08, 2019 2:55pm

RE:RE:***RCG SHAREHOLDERS ROASTED*

The arm chair miners, myself include, figured that it should have been possible to bootstrap RCG by milling the tailings, mining the indicated gold at Dufferin (perhaps inefficiently), and using the ...more

Discussion

Post by LeftBookon Jul 08, 2019 2:40pm

Value of being "near production ready" ?

Sprott Lending acquired a "near production ready" mine as part of the PwC insolvency process. Context: RCG had a $8.24M credit facility with ...more

Comment by therageron Jul 08, 2019 7:27am

RE:RE:***RCG SHAREHOLDERS ROASTED*

Wow!! Just reading bankruptcy filing. The only offer the comapny got was for $1.5MM which wiould not even cover the costs of the DIP financing.

Discussion

Comment by therageron Jul 08, 2019 6:55am

RE:***RCG SHAREHOLDERS ROASTED*

I do not think we will be hearing from Damian as this was not the outcome he anticipated. What is telling is that of all the parties that submitted bids (14 originally reported and then ...more

Discussion

Post by LOCKDOWNon Jul 07, 2019 9:30pm

***RCG SHAREHOLDERS ROASTED*

LOLL......HEY DAMIAN INSTEAD OF THE WINE AND DINE IN VANCOUVER WITH SPROTT TO CELEBRATE LETS DO A WEINER ROAST ON THE BEACH AND GET DRUNK ON CHIPPY CIDER.

Discussion

Post by LeftBookon Jul 07, 2019 9:22am

RCG time line 2015 to 2019

Review of the RCG time line from 2015 to 2019. === June 2015 annual report 7.6M assets in Indonesian properties - 4.0M liabilities = $3.6M ...more

Comment by LeftBookon Jul 07, 2019 9:17am

RE:RE:*RCG SHARES GO TO ZERO

RCG share equity goes to zero if it sells the tax credits for $10M

Discussion

Comment by LeftBookon Jul 07, 2019 8:42am

RE:RCG balance sheet update

Resource Capital sold substantially all of its assets to Sprott Lending. RCG is reduced to a shell with significant liabilities. Below is an estimate of the two balance sheets ...more

Discussion

Comment by LeftBookon Jul 07, 2019 8:33am

RE:*RCG SHARES GO TO ZERO

perhaps a glass of fine in the Annapolis Valley after I finish digging my ego out of the bottom of Dufferin. Ugh. dumb.

Discussion

Post by LOCKDOWNon Jul 07, 2019 7:53am

*RCG SHARES GO TO ZERO

LOLL.........ITS BEEN A AWESOME RIDE WIN A FEW LOSE A FEW ,OH WELL NO WINE AND DINE WITH SPROTT IN VANCOUVER. RCG SHAREHOLDER LOST 100% OF ANY VALUE UNDER BANKERUPTCY. RCG SHAREPRICE = ZERO. & ...more

Discussion

Post by LeftBookon Jul 06, 2019 7:11pm

RCG balance sheet update

my estimate of the balance sheets Dufferin, Tangier, Forest Hill were sold to 2672403 Ontario Inc (Eric Sprott). RCG is reduced to a shell with significant liabilities. ...more

Discussion

Comment by LeftBookon Jul 06, 2019 3:41pm

RE:RE:bankrupt

17. On June14, 2019 the Trustee received one offer (the"InitialOffer") from International Corona Capital Corp.("IC"). The other Remaining Parties declined to submit offers, citing ...more

Discussion

Comment by LeftBookon Jul 06, 2019 3:24pm

RE:bankrupt

interesting play by Eric Sprott. shareholders are f'd. me included.

Discussion

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