Resource Capital Gold Corp GDPEF

RE:WTF?

[newbstar69]

phaaser wrote: Does anyone have any information at all with this one? Highest Volume turnover in a year at an all time low of 5c yesterday?

Not a single compnay announcement for 2 months. A mine supposedly in full operation without a mining update to the market for nearly 5 months. Capital raisings to the major shareholders with no explanation or financials. A company that won't return calls to shareholders or any contact at all.

I don't mind being down on an investment if I know the reason for it. When there is a deliberate complete vaccum of information with all time lows below the NAV of the companies assets and I have absolutely no information whatsoever to make a decision on, I start to loose patience.

For full disclosure I am one of the original Australian investors and near on all of us that were involved through the broker I took part with have not sold any of our shares. Many of us have bought more on market. Like everyone we all had such high hopes for this project but it has become a joke. Not sure how the TSX normally works but Australian listed companies have to release Quaterly updates and cash flow by law by the end of the following month.

I still hold hope for RCG, as far as we know everything is going along fine and as long as the mine is working there is no reason to sell at such ridiculous lows. Just such a disappointing outcome so far for what originally seemed such a promising investment, especially when you know the outcome at the moment is mainly because of a deliberate vaccum of information by the insiders involved.

The TSX-V exchange required quaterly reports 2 months after quarter end. 

This all seems to fimilar when the company was Reliance Resources and Gary was on the board - obvious insider information is being leaked from the board and board arent advising appropriately.