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VIRGINIA HILLS OIL CORP VFGGF

"Virginia Hills Oil Corp, formerly Pinecrest Energy Inc was incorporated under the ABCA on March 24, 2006 under the name Testudo Oil & Gas Exploration Ltd. The Company is a Calgary, Alberta-based oil and natural gas exploration, production and development company with operations in the Canadian provinces of Alberta and Saskatchewan."


GREY:VFGGF - Post by User

Bullboard Posts
Comment by nijinsky70on Oct 13, 2012 10:21am
152 Views
Post# 20480559

RE: RE: RE: new wells over past week:

RE: RE: RE: new wells over past week:

Hi terroir:

 

You raised a very good question here and I think most PRY investors are longing for an answer.  I saw you raised the very same question on IV for OJ and he still has not responded yet.  It is so unlike OJ to shy away from a question, since he seems to have an opinion on everything and knows everything. 

 

If the company is so far behind on their drilling and production pace it is likely that they will miss the 2012 targets on production and CFPS.  Perhaps the recent sell down in SP is the tell tale that this is already happening.  Well, if that's the case I'll sell all my PRY shares take the tax loss in early December (when Q3 is announced in late November) and perhaps buy back in January 2013 if I still have the stomach for the PRY ride. 

 

Let's hope PRY is not turning out to be another LEG, over hyped and under delivered junior oil stock.  I have enough of those already.

Bullboard Posts