RE:RE:RE:RE:Greencastle Mgnt Runs a Tight Ship..Uh! Let's see. Since discovering Primate, what have these guys done?? (just off the top of my head, so sorry if I get this wrong or miss something).
1. Acquired 2 large gold concessions in West Africa for $40k and optioned them to Orezone and Orzone bought a pp at 30c. Orezone took the exploration risk and spent over $2mil. to earn in
2. Acquired 4 gold properties on the Battle mtn trend in Nevada and drilled three of them (dropped 2 after reviewing exploration results)
3. Acquired uranium play in Wyoming and did $1.5 mil raise at $0.30
4 acquired BC gold play explored it and listed it thru sub DVR, staked additional ground after good early results
5 Acquired and drilled Ontario base metal play last year (decent results / sht markt)
6. Optioned nevada Jewel Ridge to RBW who has to spend something like $4.5 mil to earn an interest, collected cash and RBW shares as option payments. Very good results by RBW on last years work, but admittedly they are struggling fianacially
7. Acquired the core patented claim block at Jewel from RBW for free simply by granting RBW an extension capitalizing on bad mkt and RBW need for some slack. . RBW had paid about $150k in cash and shares for these just months earlier
8. I'm pretty sure they drilled an oil play somewhere along the way as well, but reported a dry hole.
9. Staked gas play in Quebec during the big shale rush a few years back
10 Joined the Sask coal play 2008 and ran the stock up six fold on massive volume
Frankly, these guys are a joy to watch operate. yeah, they are patient and that can be a little frustrating at times, but VGN has been public for a long time (like 15 yrs) and always gets put in play.
I'm losing steam, there are others, I'm sure, but that makes my point for now
How many hundreds of other juniors have come and gone over that period? It's all happening again and, true to form, VGN stands out as one of the survivours, stronger balance sheet than ever. Giddyup!