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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 kisstopherpon Jan 22, 2014 4:59pm
333 Views
Post# 22122433

Sell the Company

Sell the Company
In this market true value will never be realized - shareholders have thrown in the towel. Faith and trust are gone and with it interest. For legitimate reasons the company/management are majorly out of favour.

My fear is Wade will try and salvage this and only make it worse - Since this is a single asset company there are only two options: 1. status quo or 2. Sell the entire thing.

If they sell they can get .50 - The BOD seem utterly useless as they sit and watch S/P destruction.

How low does it have to go for the BOD to realize the market is screaming at you to do something?
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