Resource Capital Gold Corp GDPEF

RE: Reality of the funds

[3wood]

Other than Damian I think we all recognize there are problems in the markets affecting all stocks in all areas and that these problems are probably more severe than we have experienced in our lifetime. Many experts way smarter and better informed than us have predicted when the tide will turn and they certainly don't all agree on a time table. I'm only concerned about 1 stock in 1 market - that being GL. Whoever is selling has liquidated by my count well over 2M shares and if he keeps selling maybe 3M - I'm thrilled someone is buying them but this is almost 10% of the float - surely the company must know how many he has and when this selling pressure will end. I have no idea why he would resist a quick buy out as he must have bigger prooblems to deal with - Leigh any word on when this guy will be done and what's happening on the sale of the company - GL has to be nearing it's self imposed deal conclusion date. I've managed to keep most of my shares but this is dragging on too long. I know the buyers have to do a lot of DD but can't the company put in some of their own deadlines to push this to some conclusion.