Nov. 30, 2010 (Baystreet.ca) --
TORONTO, Canada: Ubika Research has released a profile report on Greencastle Resources Ltd (TSXV: VGN) under its weekly series called “Junior Resource Stock of the Week” that identifies high potential junior exploration companies.
Greencastle is a unique small resource stock that has strong cash reserve, a royalty income stream from oil assets and highly prospective gold exploration properties in Nevada and British Colombia. Greencastle has approximately $6 million in cash or $0.14 per share.
It recently entered into an option agreement to acquire a 100% interest in a gold property, covering approximately 13,000 ha (28 claims), in the Nechako Plateau region of British Columbia. The property is geologically on trend with the Blackwater property of Richfield Ventures Corp. (TSXV: RVC), which has strong exploration success in this area and is currently working to delineate its bulk tonnage gold project. Greencastle just completed a geophysical survey to define targets for follow up exploration at the Nechako property and intends to focus its exploration program here in the near future.
To read the full report and “what is interesting” on Greencastle Resources Ltd (TSXV: VGN) visit: http://www.smallcappower.com/junior_resources_of_the_week.aspx
Ubika Research has reports on over 45 interesting junior resource companies available at smallcappower.com. The Ubika Research “Resource Stock of the Week” series has outperformed the TSX Venture Index by 27% (as of Oct 31, 2010).
A few promising junior resource stocks profiled on smallcappower.com include:
PMI Gold Corp. (TSXV: PMV)
Kaminak Gold Corp. (TSXV: KAM)
Paramount Gold & Silver Corp. (TSX: PZG)
About Ubika Research
Ubika Research is an investment research and capital market services firm based in Toronto and Vancouver. It provides comprehensive research, communication and capital market exposure program to highlight the investment potential in micro and small cap companies. For more information visit www.ubikaresearch.com
Disclosure
Greencastle Resources Ltd has entered into a commercial relationship with Ubika Corporation for research coverage and capital market services and has agreed to pay fees and stock options for being mentioned at smallcappower.com. Hence the highlighted company information is an advertisement only and does not and will not constitute an offer to buy or sell securities in the highlighted company.
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For additional information contact:
Vikas Ranjan, Managing Director
Ubika Research
Email: vikas@ubikacorp.com
Phone: 647-352-2666