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Greencastle Resources Ltd V.VGN

Alternate Symbol(s):  GRSFF

Greencastle Resources Ltd. is a Canada-based diversified company. The Company has interests in gold and base metals exploration and oil and gas exploration and royalties. It also has strategic investments in other companies. The Company operates through three segments: Investments, Oil and Gas Interests and Mining Interests. The Company's Investment segment comprises its investment in marketable securities and investment in private and public companies. The Oil and Gas segment is comprised of its oil and gas interests. The Mining segment is comprised of its mining interests in Canada and in the United States of America. The Company has a royalty interest in one oil and gas property in Alberta.


TSXV:VGN - Post by User

Bullboard Posts
Comment by agnjak9on Jan 25, 2006 8:39pm
94 Views
Post# 10242838

RE: babble

RE: babbleIt seems to me that management must be doing something good behind the scenes. Their royalty income is flowing nicely. The property in Niger has been optioned at the expense of the operator which will possibly create a new find at no cost to VGN. Worst case scenario if operator wants to continue but VGN doesn't, another $2mil in the bank (plus the 1mil shares being issued at $.30). Nevada gold will never disappear if it's on VGN property. Let's not get too anxious when gold is only mid $500's. Wait til it's over $800 and VGN is doing its work on the property by then! This company has irons in many fires and all of them are starting to heat up. Cheers and all the best for 2006!
Bullboard Posts