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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 mumush1on Dec 03, 2010 2:07pm
340 Views
Post# 17797207

RE: Selling to buy SFF

RE: Selling to buy SFFI would not sell out of VGN yet in my humble opinion as i think this action is only just really begun to get interesting.

Think about the interest being generated.. why so much interest without any drills in the ground?

VGN have a war chest of cash on hand and the right attitude (and smarts) to employ it effectively ..... Evrim will have a war chest of 7mil PLUS prospects that are already on the go in Mexico.. the influx of $ to Evrim was solely intended to progress these resources.

PLUS the  'advanced stage' site purchase that vgn hinted it was looking into at in their last release has yet to be announced. 

Also interesting ,... it was pointed out that VGN, traditionally cheap on the public relations side has employed not one, but two PR firms.  Plus the cash on hand normally invested in short terms and the like were not re-invested as of late... why do you think this is the case. Could it be they are about to deploy it somewhere more rewarding?  

Do as you think fit, but i personally will be keeping my shares in VGN .., at the very least until more is released on Evrim's progress.  Love to have some SFF , and i will be watching for pull backs , but no chance of dumping a hot stock on the rise to pick up one that has just seen a major upward swing. gl either way...
Bullboard Posts