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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
Post by gonecodeon Jul 14, 2008 6:28pm
258 Views
Post# 15291186

I sure hope VGN gets a map up soon

I sure hope VGN gets a map up soon

I saw from the mao BTT has that VGN is sitting right  the border and seems to have the best property ..
Small but in a great spot..........


There are about a 1/2 dozen others all over the border but I really like VGN's position looking at the Geology of the area....

I understand they do not like to advertise too much until it is approved but it sure would be nice to have it posted soon and maybe hire a PR firm.

This stock could be worth soooo much more .......................


The value right now is only on the royalties they are receiving.........They should be getting some value out of the Coal play very soon........

My best guess is if we value this stock in line with others and add what they have now .45 cents plus future value of a coal play you could add at least another .40 or .50 cents a share depending on the depth of coal, if they have the same depths then we could see a dollar or more.........Most likely getting bought out or more royalties from GXS or whoever buys them out......

Also do not forget that they have some land on a shale gas deposit that could prove up a very huge.....

If that all comes together when Forest drills holes next month then wow !!!!!!!!

Huge upside here folks...............I really think we will see over $1.00 if GXS turns up good cores heading east towards Manitoba..........

VGN just needs to get the word out.............Some PR folks..........PR....

Bullboard Posts