GREY:GDPEF - Post by User
Comment by
damianchosenoneon Jan 24, 2019 10:53am
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Post# 29275442
RE:RE:RE:RE:RE:RE:RE:*****RCG NEW CEO*****DUSTIN ANGELO*****
RE:RE:RE:RE:RE:RE:RE:*****RCG NEW CEO*****DUSTIN ANGELO*****Lockdown... If rcg is sold for 2 cents to Anaconda it means that RCG exhausted all their options and had no other choice.
Right now they still have other things they can do: Sprott lending can give them a huge loan to mine Dufferin as there is a lot of gold there according to Glen Windsor who use dot be site super.
They can also pick up a property or two and move the price up and then do a financing and mine Dufferin and start up Tangier.
I have spoken to several investors and none fo them ( almost 27 million worth of shares) want RCg sold for 2 cents.
Remember Anaconda is down 55 percent form when it did a 5 to 1 consolidation from a year ago as well.