Resource Capital Gold Corp GDPEF

News ! Expansion of property at dufferin from 3 to 10 kms!

[specky]

This imo means positive things for dufferin! All is well!

[newbstar69]

Not really positive, and quite a conflict of interest in this transaction. And again shareholders screwed over.

[Jherek]

Seems like the company is buying back equity from someone (Gary Lewis?), not why they would do that though. Since Sprott is the majority shareholder i am sure they have some kind of plan

[newbstar69]

From what I understand, Gary Lewis is a director of ACT 2 his personal company, he's a director of RCG and AUSAG. Massive conflict of interest. If it's to get rid of him I'm all for it so much for the original deal of 43.9 million shares RCG was getting in this Corcoran deal and divi out to shareholders, poor management rushing 

[specky]

I honestly don’t understand what you as shareholders are not seeing? AUSAG was to be sold as Dufferin is the focus. Bonus to shareholders with shares in AUSAG but not the pot of gold at the end of the rainbow. So the terms are amended to give rcg 100 % control of their main focus (dufferin) plus      Expansion to 11 kms? Is this timely? Why are they tidying all this up prior to