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 > Bound to fail!

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Comment by LeftBookon Apr 06, 2019 3:25pm

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Post# 29592244

RE:RE:RE:RE:RE:Bound to fail!

I wonder why the geologist said they needed to do more exploration and drilling.

And how much more ?

There is a trade off between raising the cash to fully define all of resource and having enough to bootstrap operations and then continue drilling and exploration.

According to pg 207 of the PEA they would be cash flow positive after year 2.

total grams into mill

yr0 328,000g

yr1 653,000g

yr2 718,900g

total 54,659oz

The PEA model is based on East and West Dufferin. There seems to be the equivalent ounces in East Dufferin.

East Dufferin

indicated 58,000oz

inferred 96,800oz

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