GREY:GDPEF - Post by User
Comment by
damianchosenoneon Apr 03, 2019 12:29pm
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Post# 29576628
RE:tax-loss credits again
RE:tax-loss credits againLeftbook I'll tell you something: there were 10 meetings at Pdac. Most of the groups meeting dont even have cash to buy or invest in Rcg. A few groups do and know that Sprott Lending and Cra are only 2 groups that need to be paid off as secured creditors. So about 10to 12 million. Companies will not offer more than that and Sprott londing wants their money back. They probably are willing to take a small haircut. If they dont get what they want, they will takeover the properties and hold for a few years. We as shareholders look like we will get wiped out as even unsecured creditors wont get their cash back