Resource Capital Gold Corp GDPEF

RE:A few thoughts

[damianchosenone]

Leigh! 

Great Post! My question is regarding Greg Gibson; why is he still with the company if he did everything to screw it up? Got rid of George, Glen Windsor and other workers and then hired his own crew. Since March, there was discussion that all the equipment repairs were using up all the cash from financing.

Sprott invested almost 3 million at a 9 cent financing end of March; if the equipment did not require as many repairs as mentioned and there was only limited work on site being executed, where did all that cash go?

How did a group of professionals run a company to the ground that at the end of December at only half production was yielding good good numbers?  Why didn't they sell the projects when they needed extra cash?