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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 Jamespatrick77on Sep 03, 2008 8:21pm
321 Views
Post# 15429300

RE: pumpers....? my crappy 50 cent shares !!

RE: pumpers....? my crappy 50 cent shares !!Sounds like you bought in way too high just as the markets went blood red.  And now the bitterness. 

Why didn't you sell when people were buying at .39, .40, 41...take a loss and run and by something else ?

Now you slam the company because your time horizon was a month or two max. 

I am long in VGN.  I could get out now and break even.  But why sell a company that is bringing in steady royalties that are growing and have properties close to 2 big plays here in Canada.  Coal in Sask and the Quebec Shale.

VGN could use some help on the spin and IR front.  Agreed.  But they have shown the ability to position themselves in plays and get royalties from them.  If they do it a second time you can be sure you will get your money back.  And more.

Sell now, or go long.

James

Bullboard Posts