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Greencastle Resources Ltd V.VGN

Alternate Symbol(s):  GRSFF

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

Bullboard Posts
Comment by JR5on Jun 26, 2008 5:51pm
287 Views
Post# 15234791

RE: What moves...

RE: What moves...The stock is under accumulation so there will be less and less available. The coal play is exciting but the shales are enormous. There's enough gas to make Quebec and the maritmes energy independent . We are in the very early stages of proving up assests. Won't be surprised if the company splits into at least three parts. One for coal-if its there as expected. One for the shales and another for the rest. Each part could eventually fetch 20 dollars a share. Speaking of potential here and making some guesses. It's going to be a wild day when the drilling permit arrives for the coal play. I've got my lotto ticket and I like the odds.

Cheers,

JR.
Bullboard Posts