Greencastle Resources Ltd V.VGN

Alternate Symbol(s): GRSFF

Energy Oil & Gas E&P

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.

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Greencastle Resources Ltd > VGN ownership of DVR

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Comment by undervalueon Nov 03, 2019 11:00am

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Post# 30302221

RE:RE:RE:RE:RE:RE:RE:VGN ownership of DVR

At this point vgn is a closed end equity hold co.
The issue is the management cost vs returns on investments.
Spin dvr or the gold to the shareholders or continue the share buy back.
A couple of quick ways to bridge the gap between market price and nav.

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