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Bullboard - Stock Discussion Forum 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... see more

TSXV:VGN - Post Discussion

Greencastle Resources Ltd > Nav discount.
View:
Post by undervalue on Jan 30, 2021 2:17pm

Nav discount.

If you believe the farm quote at 45 cents, 11 cent  VGN is below that holdings value, 
Kick in the gold properties and the cash it is a significant discount to nav.
Tony should bid the ncib up to a tighter discount to nav.
Unless we get a div, it is the only way the shareholders get paid.
Comment by undervalue on Feb 09, 2021 11:18am
Farm worth 16 cents now, total nav over 20 cents.
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