VIRGINIA HILLS OIL CORP VFGGF

RE:RE:Weak hands are out :

[kingfisher7]

Yes $ 4500 is peanuts to some but that wasn't the point and yes the big buyers won't touch this because they were bit hard when buying between $ 2 & $ 4 which has left a very bad taste with investors, especially throughout Calgary.The bankers are certainly in control of the companies future and the general consensus abound is that they will renew.Some seem to forget that there are still very influential 3rd parties invested here that hate to lose.I disagree with your buyout scenario it's more likely everything for 0.20-0.25 as well as absorbing all liabilities and I'm not just pulling that out of my hat. Price of oil is of course a going concern at this point and time but these wells will produce light crude for many, many years to come and with the availability to drill 2000 more wells on there property holdings within greater Red Earth the future is very bright for somebody. Don't forget that all wells spud to date have a 100% success rate which is extraordinary and very appealing to any suitor. Knowledge of all aspects are key when looking for potential of any kind when in the position PRY find themselves.