Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Resource Capital Gold Corp GDPEF

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

Comment by LeftBookon May 23, 2019 3:31pm
58 Views
Post# 29768966

RE:RE:RE:RE:RE:RE:RE:RE:RE:PERFECT - RCG - PLAN ?

RE:RE:RE:RE:RE:RE:RE:RE:RE:PERFECT - RCG - PLAN ?
Damian, Do you mean 40c in late 2016 ? The share count was 122M shares in late 2016. Someone was valuing the company, and their slice of the pie, at : 40c*122M = $48.8M That is half of Dufferin's $89.2M post-tax NPV. Sprott had invested $4M for 20M shares at 20c. The shareholder equity in Dec 2019 was roughly $13M. As for 74c that assumes 10:1 consolidation. If there is a 10:1 consolidation then all all historical data gets repriced. All the on-line charts will be redrawn. As an example the 40c price point will be repriced to $4.00/sh. Anyone looking at the old annual reports will have to make similar adjustments to private placements, debt for share swaps, etc. Until that happens it makes more sense to use the current share structure. Leigh is correct. There are too many possibilities to speculate on any single scenario. Anaconda is trading below book value. Shareholders should be rewarded as the company further defines the resource.
<< Previous
Bullboard Posts
Next >>