Greencastle Resources Ltd. (TSXV "VGN") is a diversified investment company with a strong balance sheet and no debt. Greencastle receives monthly cash flow from a royalty on the Primate oil field in Saskatchewan, where the Company made a discovery late in 2003. On the strength of this royalty, Greencastle has reported positive cash flow since the first quarter 2005. From time to time the Company may be engaged in a variety of activities which, in the past, have included mineral exploration, oil and gas exploration and development and a broad range of merchant banking / investing activities. The Company's strategy is to use as little of our own capital as possible in advancing high risk / high impact projects. Our corporate philosophy is to be cautiously opportunistic while maintaining a strong and liquid balance sheet.
Greencastle Resources Ltd. (TSXV "VGN") is a diversified investment company with a strong balance sheet and no debt. Greencastle receives monthly cash flow from a royalty on the Primate oil field in Saskatchewan, where the Company made a discovery late in 2003. On the strength of this royalty, Greencastle has reported positive cash flow since the first quarter 2005. From time to time the Company may be engaged in a variety of activities which, in the past, have included mineral exploration, oil and gas exploration and development and a broad range of merchant banking / investing activities. The Company's strategy is to use as little of our own capital as possible in advancing high risk / high impact projects. Our corporate philosophy is to be cautiously opportunistic while maintaining a strong and liquid balance sheet.
Company Information
- Industry
- Mining & Metals
- Company Type
- Privately Held
- Founded
- unknown
- Employee Range
- 1-10
- Revenue Range
- Not available
Location
- Address
- City
- Region
- Postal Code
- Country
- Canada