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Sustainable Living Co. Gearing Up for Major Growth Drivers
Contributed Opinion

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Ron Struthers Ron Struthers of Struthers Resource Stock Report looks at Greenbriar Capital Corp.'s chart to explain why he believes it is a Strong Buy.

Entry Price: CA$1.15

Recent Price: CA$1.14

Opinion: Strong: Buy

Greenbriar Capital Corp.'s (GRB:TSX.V; GEBRF:OTC) stock has been inching higher since its bottom and will probably continue with today's news. GRB announced the planning commission will meet on November 13 to approve the Sage Ranch development. Nothing is done until it's done, but this will mean strong revenues for Greenbriar in 2024.

Sage Ranch will provide low-cost entry-level homes that will not be affected by any downturn because it is exactly what the market needs and wants at this time. It is a great location and near large military operations that are becoming the theme of this decade.

Jeff Ciachurski, CEO of Greenbriar, says in the news release: "The effort provided by both Greenbriar and the City of Tehachapi left no stone unturned to make sure the development is top of its class, innovative and groundbreaking to match the demands of a new sustainable world. Throughout the process, we tailored our work product for a final submission that would leave a legacy and provide no doubt that only a top-quality product would be provided. The city made all parties aware of the significant impact Sage Ranch will have on the exceptional quality of life in the region and the tremendous economic impact to the city and surrounding area."

And some more great news: Tommy Sullivan, Greenbriar's chairman of their real estate advisory board, is bringing an opportunity for the company to JV into his 1,361-acre-3,500-home sustainable subdivision in the fastest-growing region in Utah. -

This new project will give Greenbriar a 20-year runway of building several hundred entry-level homes per year and further provides Greenbriar the status of regional builder and developer specializing in recession-proof sustainable housing. Greenbriar and Voya have just re-executed the US$40 Million Sage Ranch funding agreement.

On the chart, there is some resistance between CA$1.05 and CA$1.15, so it might give a chance to buy some stock around these prices.

The next resistance is around CA$1.55, and I believe the stock is headed there next. A break above that would be a solid higher high.

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Important Disclosures:

  1. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Greenbriar Capital Corp.
  2. Ron Struthers: I, or members of my immediate household or family, own securities of: Greenbriar Capital Corp. I determined which companies would be included in this article based on my research and understanding of the sector.
  3. Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
  4.  This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.

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Struthers Resource Stock Report Disclosures

All forecasts and recommendations are based on opinion. Markets change direction with consensus beliefs, which may change at any time and without notice. The author/publisher of this publication has taken every precaution to provide the most accurate information possible. The information & data were obtained from sources believed to be reliable, but because the information & data source are beyond the author's control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Because of the ever-changing nature of information & statistics the author/publisher strongly encourages the reader to communicate directly with the company and/or with their personal investment adviser to obtain up to date information. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. The author/publisher may or may not have a position in the securities and/or options relating thereto, & may make purchases and/or sales of these securities relating thereto from time to time in the open market or otherwise. Neither the information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. The author/publisher of this letter is not a qualified financial adviser & is not acting as such in this publication.

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