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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 Jun 15, 2019 9:32am
27 Views
Post# 29828715

RE:RE:RE:Lockdown: RCG DELAY

RE:RE:RE:Lockdown: RCG DELAY
 
Gold price is still within the $1000-$1400 range described in the PEA.
The PEA uses $1250.
 
 
The average from Sept 2013 to May 2019 is $1247/oz
In a nutshell nothing has changed since the PEA was first published in Dec 2016.
 
If gold was a sure thing then RCG could have financed operations by selling gold in the futures markets.
 
===
 
Notes:
 
1) $1247 average is based on the monthly closed from Sept 2013 to May 2019
 
 
2) 
PEA pg 189 
19.1.1 Gold Price for PEA 
For this PEA a gold price of $ US 1250 per troy ounce has been used. As illustrated in the kitco.com chart below, the price of gold has been between $US 1 000 and $US 1 400 per troy ounce for past three years. 

The PEA uses $1250. Loonie 75cents
 
 
PEA available on SEDAR
Original Dated December 30, 2016
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