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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 mouse3on Aug 22, 2013 8:08am
247 Views
Post# 21688743

Danny Wettreich and Mark Wettreich

Danny Wettreich and Mark WettreichPlying their paper hanging trade in the cool fresh waters of Canada.  I guess the worm is never far from the apple that never falls far from the tree (might be mixing my metaphors here).  Anyway, it has to do with worms for sure and probably apples.

Nepotism and Zara's perpetual dilution machine.  Mark Wettreich son of Danny Wettreich will surely be a great asset going forward.  I've always said that all we need to be a successful mining company is  someone to give us a little perspective.  Mark Wettreich fits the bill nicely.  Mark recently received his BA in history and has quickly shot up the ranks with his daddies shell companies.

Zara has issued a bunch of non trading, interest bearing preferreds to buy third rate exploration properties.  Interest is at 5% and payable in shares of Zara (DILUTION CITY).  I'm glad I don't own any of these prefs.  They are not listed, interest is payable in worthless paper and Zara can force conversion at any time (MASSIVE DILUTION COMING???).

 

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