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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 > Weak hands are out :
View:
Post by kingfisher7 on Dec 01, 2014 4:20pm

Weak hands are out :

Scotia 085 picked up 150k at the bell to close the day @ 0.03
Comment by stockwrestler on Dec 01, 2014 5:13pm
bout time weak hands are out; they got no more shares to sell, LOLLLLLLLLLLLLLLLLLLLLL A buyout at 10c. would be a major bargain for a bigger player. glta
Comment by sellthefarm on Dec 01, 2014 5:26pm
That's only $4,500 worth.  That's some guy taking a gamble from his laptop at a coffee shop somewhere.  Big buyers won't go near this.  I'm already writing this off.  I had hope in a $90 oil environment but I am writing it off under this pricing.  The bank line isn't going to be renewed so it's going to be due in May 2015.  This company won' ...more  
Comment by sellthefarm on Dec 01, 2014 5:32pm
I forgot to add that the only saving grace is the bank isn't going to call the debt before PRY finds a buyer.  They want the company to be bought as a going concern.  They'll give them some time to complete this but not longer than May 2015.
Comment by kingfisher7 on Dec 01, 2014 6:12pm
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 ...more  
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