Welcome To The Green Castle Resources HUB On AGORACOM
Edit this title from the Fast Facts Section
Hub Controls
  • Demo Video
  • Upload Photo
  • Edit Company Profile
  • Add a Link
  • Update Fast Facts
  • Add Management Bios
  • Private Messages
  • Edit My Profile
  • View/Edit My Portfolio
Greencastle Resources Ltd. > Message
Generic_profile

Re: # of wells?

Posted by: Stylez on June 28, 2007 04:53PM

In response to: Re: # of wells? by Thejive

the wells i dont see helping out the stock price. but what gives VGN an advantage is that they have positive cash flow. No need for private placements every quarter to raise capitial to further the drill programs. They generate cash from the oil royality and with this revenue they can spend spend on exploration.

 

This is why i thik VGN has a lot of potential. 

Post a Reply

Please login to reply to this message.

President's D.D.

New feature: Hub Presidents can add important links here.