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Appearances. Whatever money they would be putting into the SoS is nothing compared to what they could make on buying the asset from the government. I'm not saying this situation is real or even possible in Canada. I'm not familiar with their laws, but I do know in the US if a property is taken for non-payment of taxes, anyone can buy the property by simply paying the back-taxes and paying pennies on the dollar for the house. It's no different than the housing market collapse when the banks are flooded with unwanted properties, they sell them for cheap. Just land as we have with the SRSR assets would sell for nothing. Dan and Otto could, in theory, let the land go to foreclosure, start up a new "company" buy the land and invalidate all the existing SRSR shares. Now, while I certainly hope this isnt the case, as I have been here for 10 years, I start to wonder if it is. There have been too many promises and ZERO factual based results after all these years.
Or, maybe that's the game plan. "Lose" the property to unpaid taxes and another entity buys the property from the government for essentially nothing and forms a new company around it. Call me paranoid, but why wouldn't they pay the $6,200 if they were allegedly sinking all this month into geo testing, etc...
Seems we are right back to where we started again... two unsubstantiated PR's and then silence. So much for "PR's in days and weeks" as we sit back looking at month's and year's....
I have a lot more dollar bills in SRSR than in my wallet and I dont see the comparison. A little DD on the PR's is probably a wise idea for everyone involved.
Without coming across as overly critical ( but given our history, rightfully fair) are we able to VERIFY with these individuals that they are indeed advisory members and what entails as far as commitment and involvement with SRSR directly?
Show me facts and figures - until then its smoke and mirrors. Contacting Dan does nothing but add logs to the fire - him verbalizing the PR doesn't make it more valid. PR's without proven information are nothing. Show me anything in the last PR that is verifiable..... while I trust Dan and Otto more than Scott, they still need to prove themselves to earn credit. Fingers crossed.
Im optimistic, just not foolish and gullible. There is nothing in the PR that offers any REAL deal and nothing in it can be backed up with facts. Period.
What it boils down to is this. While I still remain optimistic and long, we havent had very much to celebrate the last 10 years - that's a LONG time. The last PR, while exciting "news" has nothing to back it up with facts. There is no office located at the registered address of the RP Capital, no website of any validity, nothing available of any substance on Potts and offers no details on the supposed "deal" outside of vague information. If there were some level of validity to this, we would not be clawing to reach a penny, we would be bouncing nickels and dimes. Show me deal with a real and reputable organization that is verifiable instead of desperate longs trying to make something out of nothing....
"just call Dan"..... lol
BTW, I already hold 500,000 shares and have been here since 2007 so I'm not a a troll, but not buying all the mysterious loose ended promises that are backed solely by non-verifiable entities.
Explain to me how contacting Dan about Potts means anything IF the whole thing is a scam. Is hearing about the scam going to make me believe its legit if its posted by the same scammer? If he is BS, contacting me personally with the same BS still means its BS.
More red flags... this is ALL I could find about the mysterious "RP Capital Group": Its address is a semi-secluded residential area in Quebec and the company was registered in Canada 7 weeks ago.
RP CAPITAL GROUP INC. / GROUPE CAPITAL RP INC.
CN: 10225282
RP CAPITAL GROUP INC. / GROUPE CAPITAL RP INC. was incorporated on 08-May-2017 and registered at 35 chemin des Huards Saint-Sauveur QC J0R 1R3 Canada. It's Business No. is 715944690 and this company is : Active . Rp Capital Group Inc. / Groupe Capital Rp Inc. has been operating for 1 months, and 28 days.
Corporation Number
10225282
Business Number (BN)
715944690
Corporate Name
RP CAPITAL GROUP INC.
GROUPE CAPITAL RP INC.
Governing Legislation
Canada Business Corporations Act - 2017-05-08
Company Type
Not Available
Status
Active
Is anyone concerned the RP Capital website looks a little shady/fake and offers next to nothing for information or validation?
http://www.rpcapitalgroup.com/
Someone please tell me today's PR is not the only one coming out after 4 months of waiting....
Can someone please explain this PR in lay man terms?
well considering we've had ONE PR in 15 months, the fact the SP is this high is either pumped or something is brewing but who knows...
Why the big bump with SRSR this week - based on speculation or something more?
I'm glad we seem to be moving in the right direction but its still sad to see we are getting excited about hitting half a penny.
I think I speak for more than just myself when I say we are not stuck in the past but mindful of the previous promises that have never come through, over and over. Obviously we are ALL hoping to move forward and see progress, a mine and the stock price more than a penny but myself and many others are walking on egg shells with optimism. I've been long since 2007 with a quarter million shares and fingers crossed. Lets see if Dan and Otto can fulfill their promises with Scott out of the way if he was truly the one causing us to fail.
Agreed. Period.
Trying to get as excited about the addition of ONE person to the board but finding it hard to do so. How is this "Mgmt is alive and well"? Who is even left on the board/mgmt that we have any faith in? I've been long since 2007 and haven't been terribly impressed thus far. Will it be another year before another PR that leads us nowhere? Recall the numerous, very exciting PR's from Dan that never came to fruition or even close. Not trying to be negative but tired of getting punched in the gut.
Just a little surprised the level of optimism since there was a bit of bad mouthing Dan not long ago - and this is the first PR in 13 months.
A step in the right direction, just not sure how big a step. While I applaud the changes, his LinkedIN background has zero mining experience. If we were running a paper mill, I might be more optimistic. Fingers crossed but it feels like we are starting all over again....