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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 > Canacorde price target just mentioned on BNN .30 !
View:
Post by Fabbug on Jan 14, 2014 4:07pm

Canacorde price target just mentioned on BNN .30 !

My average price on this stock is now .84.    The silence from management is deafening.   Felt good about insider buying prior to 3rd quarter results but now it feels like I've been "played".
Comment by bonjovi501 on Jan 14, 2014 4:52pm
Fabbug.............my average price was over $1.50 before I sold most of my shares at .58 and lost a lot of cash. Wade said all the right things so I believed him and kept buying and now I can not get an answer from him. He might have had good intentions but knew what was what and how things were starting to unravel months ago. I actually feel sorry for Wade as he is totally invested in PRY and is ...more  
Comment by Fabbug on Jan 14, 2014 4:58pm
I agree with the sentiment.  I started at $1.22 and have averaged down.  No doubt this was a risky venture but I had reasonable expectations that those at the helm knew what they were doing, had a plan, and weren't the carnivale barker type.  Each time I called they seemed honest and above board.  This is a small company with big dreams and I'm afraid Wade is always ...more  
Comment by ofirme on Jan 15, 2014 5:08am
I have to admit that your read of the management was right. the assets are worth a lot of money,   but it has to be managed by people with better skills. you do not hide when problems arise. especially not when you are postponing by two months projects that were supposed to narrow or  close the gap between your forecasted numbers and your otherwise production numbers... They ...more  
Comment by sherbrooke1 on Jan 14, 2014 6:15pm
This post has been removed in accordance with Community Policy
Comment by iaminvestor on Jan 15, 2014 1:46am
I think the insiders  bought around 90  cents and C$1, correct ?
Comment by yoplait on Jan 15, 2014 7:30am
Insiders in Sept/Oct bought at .55, which looks NOW like they aren't THAT inside.
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