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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 > per share value of tax-loss credits
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Comment by lmcbainon Feb 16, 2019 4:18pm
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Post# 29375766

RE:RE:RE:RE:RE:RE:RE:per share value of tax-loss credits

RE:RE:RE:RE:RE:RE:RE:per share value of tax-loss credits Damian - again, you and I have had this discussion. The company will remain alive as a shell in need of a project, but with tax credits that can be leveraged, "IF" and only "IF" they can cover their debt load within the confines of a negoiated deal by running some onsite short term production and also selling off assets.

Their ability to sell and cover that debt load, is not yet known, as we don't know if the creditors will accept a deal and we don't know what the projects can be sold for as of yet. The market is not ultra strong for reselling projects of this nature at the moment, but by the same token, not a lot of projects are as close to production ready either. 

Salut,
Leigh McBain
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