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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 by User

Post by skhanon Mar 11, 2013 5:45pm
164 Views
Post# 21112987

high debt a problem???

high debt a problem???

There could be concern that PRY can not manage the deb it is accumulating... didn't think it was a factor but could be.... also market does not think they will grow production and the water testing is high risk... Ir is not giving any updates until the 19th....

Major concern over the rpice of NG.... again didnt think PRY was hostage to this but could be anohter factor...

 

PRy has not made any effort to turn the decline around... staying very quite and creating investors to be very nervous.

is anyone close enough to make some commnets... not just BS but help the board get a sense of direction and the fundemental cause for share decline....

 

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