Resource Capital Gold Corp GDPEF

Lockdown and Fat Tony's

[damianchosenone]

So Atlantic gold is still being talked about as acquiring RCg? With the markets so depressed and price in the pits, what price could RCG be bought for? Any chance of 10 c/share?

[Rogg47]

Company is going nowhere, close to bankruptcy... Should be lucky to get $0.03/share!!

[damianchosenone]

Worth more than that for sure! Equipment is worth more and the properties a year ago were assessed at 9 million or so. A year ago anaconda offered a much higher buyout and they didnt take it so they will not take 3 cents. They just want all the old shareholders out and gold market to get better and promotion will start.

[LOCKDOWN]

BUY UP THE 2 CENT SHARES AND UNDER AND WAIT VERY PATIENTLY FOR THINGS TO UNFOLD

[damianchosenone]

And when do you plan for things to unfold? January? Jack indicated he had a good meeting with Gary and that they were meeting soon again!

[LOCKDOWN]

DAMIAN WAIT UNTIL THGE GOOSE DROPS THE GOLDEN EGG 2 DAYS TO 20 YEARS LOLLL!!!  PATIENCE ...................MY FRIEND

[damianchosenone]

Patience? Some of us have been in this for 10 years! Anyone can say to keep buying cheap shares but why cant you actually share what rumours you hear?

[LOCKDOWN]

Have faith RCG has enough Gold to mine for 5 decades its just not identified as MI or inferred that is well known by people that understand the deposit

[damianchosenone]

It may have enough gold for decades but there have been numerous companies that failed to mine any. That is the problem. Rcg failed as well! Hence the 2 cent share price. So do you still insist like 6 months ago that Atlantic is taking over rcg?

[LOCKDOWN]

NOT IF ITS WHEN

[damianchosenone]

I heard otherwise! They said Atlantic isnt interested

[LOCKDOWN]

OKKKK.............LETS WAIT AND SEE

[damianchosenone]

Mae rcg and rambler merger. Couldn't with Atlantic as it's worth too much. We would get 3 cents a share from them!

[Rogg47]

Pumper.... Are you the one selling?!!?

[damianchosenone]

Nope! I've been buying! Averaged down to a little over 5 cents! One announcement from these guys that they have a merger or a financing and it goes to 10 cents!

[LOCKDOWN]

GOTTA LOVE THOSE 1.5 CENT SHARES !!!! GOTTA BE FAST THEY LAST ONLY SECONDS !!!

[damianchosenone]

Lockdown. The merger will not be with Atlantic; not worth being acquired for 5 cents. I believe a bunch of small caps merge together!

[LOCKDOWN]

Hey Damian my friend the 1.5 cent shares are really bringing your cost average down are you pumping in and out between 1.5 cents and 2 cents its working great .Really getting fat on the 1.5 cent shares been a real awesome  buffet .We really need to be careful on the merger/ consolidation of shares that process has a way of thinning us down in a hurry .Hope trading RCG  is treating you

[damianchosenone]

I havent sold any shares at 2. Just been buying at 1.5 and adding to my position. Why do you say a merger will thin us out? I dont think we consolidate at these levels and I think they will start dufferin production back up soon.

[LOCKDOWN]

COMPANY "A" COMPANY "B"        TAKE COMPANY "A" PUMP THE SHARE PRICE UP INSIDERS OWN ALL THE SHARES THEN THEY SELL OFF TO RETAIL INVESTORS TO THE SHARE PRICE IS 1 CENT .THEN TAKE COMPANY "B" WHICH IS OWNED BY THE SAME INSIDERS AS COMPANY "A" ARRANGE A M/A BETWEEN  COMPANY "A" + COMPANY "B" CONSOLIDATE

[Rogg47]

Last year was last year, they were not in the same position.... Now, not much money left, no market interest, gold market isn't good neither, close to bankruptcy so not in a good position to negociate... Even if equipments worth more than that, maybe they could get 25%, 35% max of their values...