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Bullboard - Stock Discussion Forum
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."
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GREY:VFGGF - Post Discussion
VIRGINIA HILLS OIL CORP
> Speculative Buy
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•••
Ets1
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Post by
Ets1
on Nov 29, 2013 9:55am
Speculative Buy
Globe maintains Pinecrest as " speculative buy". Source: Stockwatch.
(20)
•••
bonjovi501
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Comment by
bonjovi501
on Nov 29, 2013 1:51pm
All you have to do is look at the debt which has more then doubled and production is down from qone year ago. Do you remember when we were told we were heading over 6000boed and now we are not even half that. Heck at the end of 2012 we were over 5000boed so we lost 50% production. Can you say high decline rates so this is the begining of the end if they do not get this out of control. High decline
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