Windows cannot access the file gpt.ini for GPO

Hi there,
In my application log I am constantly receiving this error:

Event Type:      Error
Event Source:      Userenv
Event Category:      None
Event ID:      1058
Date:            10/06/2008
Time:            3:54:24 PM
User:            NT AUTHORITY\SYSTEM
Computer:                   SBSSYD01
Description:
Windows cannot access the file gpt.ini for GPO CN={31B2F340-016D-11D2-945F-00C04FB984F9},CN=Policies,CN=System,DC=selectfunds,DC=local. The file must be present at the location <\\selectfunds.local\sysvol\selectfunds.local\Policies\{31B2F340-016D-11D2-945F-00C04FB984F9}\gpt.ini>. (Configuration information could not be read from the domain controller, either because the machine is unavailable, or access has been denied. ). Group Policy processing aborted.

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I have just reinstalled Active Directory on our Disaster Recovery Server and am now receiving this error every 5 mins. I think it has to do with GPO and permissions.  I've checked that the Administrator has access to the SYSVOL share however if i try to go to \\selectfunds.local from the command prompt i receive access denied so i can't access the gpt.ini file via that path but i can access this share fine on our live server (note: This problem is happening to our disaster recovery server which is an exact replica of our live server).  So i'm thinking its a permission or corrupt registry setting somewhere.  Does anyone have any ideas?  ThanksStart Free Trial