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Bullboard - Stock Discussion Forum Resource Capital Gold Corp GDPEF

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 Discussion

Resource Capital Gold Corp > ****AnxRcg*****
View:
Post by LOCKDOWN on Apr 04, 2019 7:34am

****AnxRcg*****

Anaconda Mining Intersects 42.85 g/t Gold Over 3.8 Metres and 9.83 g/t Gold Over 3.5 Metres at Goldboro.Know you all know why they are after Dufferin!!!!!! LOL !!!!!! Cannot blame them for trying to get RCG for free!!! LMAO THIS IS AMAZING!!
Comment by damianchosenone on Apr 04, 2019 9:31am
They are after Dufferin and Forest Hill, which is closer. Their offer is too low. Will be beat by several other companies
Comment by damianchosenone on Apr 04, 2019 10:02am
They are after Dufferin and Forest Hill, which is closer. Their offer is too low. Will be beat by several other companies
Comment by LeftBook on Apr 04, 2019 11:07am
Dufferin and Forest Hill What the offer ?
Comment by damianchosenone on Apr 04, 2019 11:22am
I don't know what the offer will be, but I know that everyone is aware of what Sportt Lending and the CRA are owed. They are the only 2 parties that need to get paid in order for the properties to be sold; if the properties are not sold for what Sprott Lending wants, they will just flood the mines and take control of them for a few years; Anaconda and other companies that want Dufferin knwo ...more  
Comment by LeftBook on Apr 04, 2019 1:12pm
If a conservative valuation of Dufferin is higher than the debt then Sportt Lending could conceivably buy Dufferin from RCG rather than let a competitor take it for a low ball offer or forcing backruptcy. Sprott Lending could hold Dufferin until there is a better market.  Sprott Lending might do it to avoid becoming tagged as a lender of last resort. Is there a legal reason that can't ...more  
Comment by damianchosenone on Apr 04, 2019 1:37pm
Sprott lending does not need to buy anything. They own the rights to all the assets that management signed away when they asked sprott to pay for the properties in December 2017
Comment by LeftBook on Apr 04, 2019 2:08pm
security and ownership are two different things     if some kid driving a lambo invests $20M in RCG the ownership of Dufferin is clearly MGDC     there is still lots of options until the dusts settles   ***   trustee report   2.4 RCGC incorporated MDGC to hold its interest in the Dufferin Gold Mine, and MGC to hold its interest in MDGC.  ...more  
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