GREY:GDPEF - Post by User
Post by
damianchosenoneon Feb 24, 2019 11:29am
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Post# 29405821
Gibson Conversation
Gibson ConversationI forgot to mention that I asked Gbson if he thinks Rcg is worth more than 10 million and he said absoulutely, a lot more. Have to get lost of buyers interested and price goes up, otherwise they will all want it at fire sale prices. He stated that it sucks to invest in juniors because they are rarely successful and that unfortunately retail investors get screwed first. He said for an institutional investor they have millions of dollars and can lose 2 to 3 on one as they are invested elsewhere that they make a killing and need tax losses. With that being said, he mentioned you cannot take a tax loss on a bankrupt company. He said he really likes the dufferin and tangier properties and that there were already 2 companies that contacted him. Also said that he is confident Anaconda is interested and that they will be promoting and talking about Rcg to interested parties at the BMO and PDAC conferences. In the end he said " don't count rcg out just yet"