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.

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Resource Capital Gold Corp > Lockdown: RCG DELAY

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Comment by LeftBookon Jun 15, 2019 9:28am

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Post# 29828709

RE:RE:Lockdown: RCG DELAY

>All 3 properties will have at least a million ounces.

Let's say there is the potential of being 3Moz properties, and
we know about 700,000 so far.
That leaves 2.3Moz out there. Somewhere.

Let's say that 2.3Mz is not on the balance sheet.
Let's say it is worth $1.5/oz or $3.45M.

Let's say the company develops it to the same level as Goldboro when OREX merged with ANX. So, $15/oz or $34.5M
That nicely offsets the current liabilities.

But for now those yet undiscovered 2.3M ounces are worth $3.45M or 2.0c/sh

The market sold them for half that.

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