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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

Comment by nlr2on May 28, 2013 3:02pm
157 Views
Post# 21451208

RE: RE: Its important to check the volume.........

RE: RE: Its important to check the volume.........

This is the downside of being a one dimensional company with winter access. Unless they have great waterflood results hidden up there sleeves or someone's buys tthem out everyone can sell with no worries and get back in before Q3 and any return to growth occurs. I guess at this point people can either bail, hold or buy more. Same as always. Haha. I am curious to hear what they have to say at the AGM. Especially with all the wells at 4 boepd. Going to be pretty akward for management. Hahaha. If it hits 65 cents I'll buy some on the chance waterflood stabilizes the decline profile and due to there strong netbacks.

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