Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 splurgeon Dec 10, 2012 10:01am
236 Views
Post# 20707045

RE: Breakup fee is $12,500,000

RE: Breakup fee is $12,500,000

Yes  that will help pay for q4 drilling. They have 27% from insiders locked in but that may not help. This latest offer is from a third party. Guess they don't want anyone shorting thier stock just yet. Don't know the rules and don't know when they have to come out of the closet. I hope PRY walks away at this point if the offer is all cash and near $5. What are your thoughts about PRY going forward? Will they stick to the same dividend model and does this impact thier growth rate without STO?

cheers

 

Bullboard Posts