RelaxHey everyone,
I keep reading about people wanting Greencastle to drill, ect. Well, if you read the MD&A then you would of read this:
"Future programs
Compilation of geology and available well data in the general area is currently in progress and upon
completion, expected in the second quarter, management will consider opportunities to advance
this project. The estimated cost for this is approximately $30,000. In addition the Company is
considering the possibility of carrying out an airborne geophysical survey which may aid in selection
of drill targets on the property."
However, first things first right? They are currently undertaking Strategic review of their assets which they've stated was the priority several times. Moreover, with the recent acquisition, it is clearer than ever they are going to sell their assets, or spin it off. Once they delegate assets, and the smoke clears will they begin with the Manitoba project late Q2 or Q3.
"The Company’s immediate focus is to undertake a strategic review of its assets. More specifically,
the review will consider scenarios designed to unlock value in the Company’s gold exploration
portfolio. The options being considered include, but are not limited to, sale of the gold assets, joint
ventures, adding new gold projects to complement and build the portfolio and corporate
restructuring of assets including a possible spin-out of the gold projects."
I hope the non sense and the bull sh*t talk ends. Do your DD, or sh*t up. This is a perfect time to load up on shares if you got year time horizon.