Resource Capital Gold Corp GDPEF

RCG value

[damianchosenone]

20 million tax credits= 6 million - 40% fire sale = 3.6 million
Dufferin Mill = 30 to 50 million working capital to build- 40% fire sale=  18 to 30 million
Forest Hill and Tangier : similar numbers to Dufferin : 89 million NPv
Dufferin 89 million NPV

[LOCKDOWN]

The Dufferin Mine is a high-grade underground gold mine and fully permitted mill in Nova Scotia, Canada, with historic and recent production, a planned near-term restart, and potential for extensive expansion. RCG has a project turnaround plan and team in place so that production can recommence during the second quarter of 2017. The mine has a 300 tpd gravity and flotation mill and, with certain

[LeftBook]

Fire-sale discounts effectively reduce value to $12.8M - the share holder equity.   Two scenarios below. Both assume there are $20M tax loss credits available.  Each scenario tweaks the math slightly differently. Objective. Keep things simple.   Scenario 1 - the 40% fire-sale price    $8.4M of tax-loss credits can be used in the first three years of the

[damianchosenone]

There won't be a fire sale price when there are multiple bids. At least 10 meetings held last 2 days with very interested parties. I know a person that told me they know a company making a good offer in a few weeks time. Wi see if it happens!