Post by
damianchosenone on Jul 02, 2019 6:26pm
Shell news next week!
Deal must be made by next week in court which means that they already probably picked the top bidder in the last few days. There were 2 remaining by June 12 bidding round, down from 4. One public group and one private. They were not an investor group. Anyway, PwC has a none competitive process which I heard had groups walk away and prefer not to deal with them. The 2 remaining groups are probably bidding for who will offer an extra few hundred k. Rcg shareholders will have a shell out of this and nothing more! All the properties will be gone and they will have to search for one and then dilute shares like crazy. Basically rewind 5 years to when George young became ceo and rcg was apenny . Only then they had much less shares!
Comment by
damianchosenone on Jul 02, 2019 10:12pm
</leftbook. in a few days we will find out how screwed we are! sprott lending will make their cash and a lot of extra interest. unsecured will make their money back. george young and jack cartmel will get their cash. pwc will make a killing for running a crappy sales process. and we i'll get nothing!>
Comment by
LeftBook on Jul 03, 2019 7:35am
like the policeman said ... I arrested a few fortune tellers in my time ... the one thing they have in common is none of them saw it coming.
Comment by
LOCKDOWN on Jul 03, 2019 8:15am
Lolllll...........Lmao............Leftbook that was awesome !!!!! Lol..........Its all good if things go bad RCG makes a great tax loss if it goes good how about treat ourselves and go to Sprotts sympostium in Vancouver and thank him personally!!!! I will meet maybe you Damian and we can invite Sprott ro join us for a glass of fine wine!!!!! Lolll..........
Comment by
LeftBook on Jul 04, 2019 3:10am
A glass of fine wine at the Sprott Symposium is baked in. Either that or my tarot cards are not working.
Comment by
LOCKDOWN on Jul 04, 2019 4:49am
Hey Leftbook Annapolis Valley Nova Scotia grows and makes some of the finest wine in the world and Nova Scotia has some the finest gold deposits in the world .I am sure Mr. Sprott will enjoy a glass of NS ice wine with some NS lobster while counting his money he will make from RCG.Damian is not feeling optimistic about RCG can you write something to cheer him up and give him some hope.