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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 > *****HALT THE SALE OF RCG IMMEDIATELY****
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Comment by LeftBookon Jun 15, 2019 9:52pm
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Post# 29829640

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:*****HALT THE SALE OF RCG IMMEDIATELY****

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:*****HALT THE SALE OF RCG IMMEDIATELY****
Damian, that is where you and I differ.  I am using the value it is worth.
I am not trying to guess the various haircuts.
I am not trying to guess the cash they have.
We don't know.

Each bidder will pick their own margin of safety to de-risk the project.
They will each have their own estimate of the value.

It possible the company with the largest haircut also values RCG the highest.
It may beat out a company that has de-risked less but values RCG less.

I don't see any point in declaring we are all screwed only to find out we were less screwed than we thought we were.
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