Post by
damianchosenone on Feb 26, 2019 10:27am
Possible Scenario?
What if this happened and Dufferin and the mil stayed intact.
Tangier and Forest Hill sold for 8-10 million ( very possible based on their potential and previous results)
Sportt lending allowed RCg to work the tailings and available stopes and they sold 2000 oz of gold for another 2 million profit.
Rcg made a deal with Sprott lending to give them 20 million shares
20 million more to other creditors
Sprott Ledning or Eric Sprott fund Rcg to strat minign again at Dufferin since they are production ready.
Possible no?
Comment by
LOCKDOWN on Feb 26, 2019 10:32am
MR.DAMIAN WHY WOULD SPROTT DO THAT??RCG HAS NO PEOPLE TO MANAGE RCG??? SPROTT GOT HIMSELF INTO A MESS WITH RCG !!
Comment by
damianchosenone on Feb 26, 2019 10:44am
Why would he do it? He said himself a few years back that it was one of his 3 favourite projects; I asked Gibson that a few days ago and he said the he liked Dufferin a lot. I was also told by a former employee that Gibson wanted to expand th emill to 900t/d and work with Anaconda on it.