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VIRGINIA HILLS OIL CORP VFGGF

Energy Oil & Gas E&P
"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

VIRGINIA HILLS OIL CORP > Patience
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Comment by Roberto8024on May 29, 2013 11:49am
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Post# 21455625

RE: Patience

RE: Patience

I agree, patience is required.  The entire O&G space is out of favor in Canada and short selling has been ruthless.  If one is patient you can make money here but not for the next 2 years or so.  Just a few months ago Wade bought $400,000 worth of stock on the open market along with some other insiders.  These guys will not blow there own cash stupidly.  They know things will turn eventually but it will take time.  The stock can trade down to $0.10 really but its not what the NAV of the company is.  You can offer someone a dollar for a $100 and they may take you up on that offer but the $100 still buys items worth $100.

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