VIRGINIA HILLS OIL CORP VFGGF

RE: RE: RE: The Next Step.........................

[splurge]

Yes it is difficult for PRY to contemplate an acquisition at this low cash flow multiple. I hope their focus is on successfully establishing their water flood programs and with a little luck they should be self funding which would be quite remarkable and unusual compared to most companies in this sector. That should help attract a better valuation but for now mergers and acquisitions seem unlikely to me.

cheers