TSXV:EVE.H - Post by User
Comment by
BmanStanon Apr 04, 2019 7:09am
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Post# 29580459
RE:RE:RE:RE:EarningS
RE:RE:RE:RE:EarningSYou have no clue. From someone in Commercial Banking, you’re 100% wrong. RBC, similar to all the "Big 5" banks, is first and foremost a cashflow lender NOT a collateral lender. They will have done a ton of Due Diligence on EVE and assessed in great detail Eve's ability to repay the loan moving forward. Of course they will have taken a charge on the property to protect their investment in case of default. That is standard and Melinda will be well aware of said charge (not blind to it as you seem to insist). A big bank WOULD NEVER extend credit and take a charge on a property in hopes of default. They are NOT in the buisness of re-selling property for a profit. You really need to do better research and stop spreading this garbage.