With the tripling in value of Seafield Resources (SFF, TSX-V) today on massive volume of nearly 60 million shares as of 12 pm Pacific, we expect that Tony Roodenburg’s other company – Greencastle Resources (VGN, TSX-V) – is going to suddenly get a lot of new attention.
Greencastle is up 4.5 cents so far today at 33 cents on 1.3 million shares. It is getting much more involved in the Gold exploration space and we have written extensively about this company in recent weeks. At 33 cents its market cap is still only $15 million and the company has $6 million in cash. Do your own due diligence, as always, but Greencastle is looking better than ever given what’s happening with Seafield.
Thanks BMR for all the work you guys put in to this web site. You are giving your readers an early Christmas present. With all that went on today with SFF what do you expect on Monday. All your picks seem to be getting hot all at once, can this trend continue?
Tks again Ralph
Comment by ralph — December 3, 2010 @ 1:49 pm
Thanks, Ralph. We’ll have more on Seafield as part of our Week In Review, over the weekend. The fundamentals and technicals are outstanding with SFF – as we’ve been saying all along they have an excellent opportunity to make a multi-million ounce discovery at Quinchia. Miraflores is a great start but the property we’re most bullish on is Dos Quebradas – this is a highly prospective porphyry target with tremendous “blue sky” potential. We’ve been writing about Dos Quebradas for over a year now. As for the fact our picks are all getting hot and can that trend continue? There will be ups and downs of course but given the overall direction of the market, and the quality of the companies we follow, we expect the good times to continue. Throughout the year we’ve had periods when a few of our picks have really been “on a roll” at the same time – right now it appears that 80% of them are red-hot. With humble hearts, we thank and praise God, and give Him the glory, for giving us discernment to select these companies and for the many blessings so many people have received as a result of this site.
Comment by Jon - BMR — December 3, 2010 @ 4:49 pm
Once again Jon thank you and BMR. Have a great weekend.
Ralph
Comment by ralph — December 4, 2010 @ 2:51 am