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Resource Capital Gold Corp GDPEF

Metals & Mining Gold Industrial Metals & Minerals
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

Resource Capital Gold Corp > break up value of the company
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Comment by lmcbainon Feb 06, 2019 3:22pm
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Post# 29328057

RE:break up value of the company

RE:break up value of the companyLeftBook - theoretically the company could still sell the properties themselves "if" they sold for a value that completely covered the creditor who's debt was secured by them - in this case Sprott Lending. If they owed Sprott $8m and could sell for $10m, they could sell, eliminate the debt and pocket $2m towards the rest of the company. The process is more complicated than just "selling" but yes it could still be done.

Salut,
Leigh McBain
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