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Resource Capital Gold Corp GDPEF

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.


GREY:GDPEF - Post by User

Bullboard Posts
Comment by Grandpa1on Mar 30, 2010 5:28pm
341 Views
Post# 16941453

RE: Addendum to my post

RE: Addendum to my post

Hey G-man:

I seriously think that you ought to pick up some of these $.68 shares and get back on board.  I have always appreciated your perspective and input on this board, and hope that when this thing actually turns into something you'll be in on the ride.

I couldn't agree more with two of the points that you make: 1) The Financing was Toxic, and, 2) What other options did we have at the time?

For those who see the fall out right now (only having short term memory), and struggle with the depression associated with the decline, I can only ask; where would we have been if we couldn't have funded the current drill program?  I guess dancing with the Devil was a necessary evil, a means to an end, and in GL HQ it was the only option they could see at the time.  We needed to keep the exploration alive and the money was drying up.  This stock has climbed out of the $.15-.20 range in the past year, raised a couple of million to keep the project alive, and we are now drilling to prove the resource further.  Even though it might not be where many of us would have wished it would be at this time, I do feel it is still very much alive and viable.  And, even though they take a beating for their methods, management has held this thing together and kept it funded over the years (without diluting us to oblivion)and deserves some credit for that.  We are a junior and are restricted somewhat by that status, and yet have still taken a property, somewhat determined what lies beneath the ground and basically where to drill next to prove it up, and, secured ownership of the project in the process.  These are good things!

Grandpa.

Bullboard Posts