Greencastle Resources Ltd V.VGN

Alternate Symbol(s): GRSFF

Energy Oil & Gas E&P

Greencastle Resources Ltd. is a diversified company. It has interests in gold and base metals exploration and oil and gas exploration and royalties. It also has strategic investments in other companies. Its segments include investments in private and public companies, oil and gas interests, and mining interests. Its 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. It has a royalty interest in one oil and gas property in Alberta. It holds royalty interests in wells located in the Spirit River area, north-west Alberta, and the Primate area in Saskatchewan. It also holds interest in the Jewel Ridge property lease. It holds a 50% interest in a 95% interest held by Criterium Energy in a quarter section of land in Alberta, called the Ferrier Project.

TSXV:VGN - Post by User

Greencastle Resources Ltd

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Comment by VIKINGSTORMon Jan 25, 2006 9:19pm

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Post# 10245536

RE: babble

Before drills can turn on any property actual "drill targets" have to be identified first from previous ground work such as soil, surface grab sample ( especially in the case where outcroppings exist) and trenching assays and mapping. Then a geological model of the property is drawn up, drill targets identified THEN drilling starts which in time provide the info to confirm, modify and add to the initial geological model. So before we start wimpering about "when's drilling gonna start ??" I'd like to know if anyone has any idea of the extent of completed ground work in Nevada. Excuse the question but I'm a newbie to this stock and I don't feel like phoning across Canada every week with a list of questions. BTW IF ( I should say - as if, lol) anyone closely connected to VGN reads this can you PLEASE consider getting a 1-800 # ???? Thanks, Norm

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Rig Count Soars as Utilization Surpasses Industry Averages