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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 29, 2019 12:43am
36 Views
Post# 29780608

RE:Reread my last post - hypothetical

RE:Reread my last post - hypothetical
Wango,

Damian and I both had similar top end values for RCG north of $50M, hence 20c.
McBain probably thought that was over the top.

Dec 2018 value
31M assets
- 18M liabilities
13M book

add 20M of tax credits to the value of the assets
51M assets
- 18M liabilities
33M book

33M/175M = 21c

Other factors
Tangier+Forest Hill are worth $5000 at $10/oz so more than $1.2M they carried on the books
SISP will decrease the assets by $2.2M
 

===

Osprey is much smaller at $3M of assets. It has very low debt.
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