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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

Comment by bobvee15on Mar 01, 2011 5:38pm
269 Views
Post# 18215303

RE: Sivas Copper amongst the largest

RE: Sivas Copper amongst the largest

If this is true this stock would be the find of a lifetime provided you believe their blanket statements but I really have my doubts here. To clear one thing up I believe the Pebble project in AK is a much larger project  at 66 billion M&I plus another 25 billion inferred Cu. 

To date there is too little info to go on (a few drill holes) and it surprises me that any company would be  brain injured  enough to let this concession expire provided these are actually average grades  and  potential conceptual size because those would present the best project economics even in a low price environment.

I kicked the tires on what little other information I see here and the nickel laterlite project  in Cameroon is too low of grade and not  economic and for the zinc project you just don't figure out a zinc resource  (assuming its open pit) using a .5% cutoff grade which leads me to believe they are grossly overstating what they have.

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