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Bullboard - Stock Discussion Forum 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 Discussion

VIRGINIA HILLS OIL CORP > prediction..Q2 results will be a disaster
View:
Post by blue_eagle on Aug 13, 2013 12:07pm

prediction..Q2 results will be a disaster

amongst my expectations.

1.bank line is getting tapped out

2.buy-back..only a pitance bought back

3.very little activity in the field

4.waterfloods not performing

5.very weak quarter

6. reduced guidance going forward

7.reduced capex going forward

8. discussions witha receiver or banruptcy within 2 years


JMHO...glta

the eagle
Comment by Iching64 on Aug 13, 2013 12:53pm
Blue Eagle, you talk about PRY as if it were a blue chip mutlinational. It is a small cap speculative stock, that is only 3 years old- all that you "worry" about are typical of small cap speculative  energy stocks. There will be lots of uncertainties, there will be some setbacks, so what ?  It is a  young emerging play -  some wells will be  great, some not so ...more  
Comment by blue_eagle on Aug 13, 2013 1:20pm
oh really..I've been telling it the way it should be since PRY was $1.80...had nothing but insults thrown at me..no problem there...PRY is a scam..$3.40..>60 cents..and headed out of business eventually...jmho
Comment by benbola on Aug 13, 2013 2:41pm
I've never understood the frame of mind of those who think it's normal to ***** where other people eat. Some kind of personality defect, I suppose ... jmho
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