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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 bargnhillbillyon Apr 16, 2014 4:50pm
151 Views
Post# 22460364

RE:RE:RE:RE:RE:RE:Costs? Only a novice buys into this!

RE:RE:RE:RE:RE:RE:Costs? Only a novice buys into this!Catalac, I just don't see how the company can just sit on their hands for 6 months. This company makes money by the drill bit turning. If that drill bit's not turning we aren't making money. By it not turning we are losing money.
Yeah, I get Pinecrest needs to reevalute and watch the waterflooding wells but for 6 months?
The neighborhood is drilling wells and making money but Pinecrest sits idly by watching and evaluating. Just WOW!
This reminds me of (Slim) When I was young, there was a guy that worked as a mechanic for the county. He was nice enough but a little slow upstairs. They let him change oil in all the trucks. Slim would take out the drain plug and watch it drain till the last drop fell before he would even think about what the next move might be. Two or three oil changes a day and the day was over for Slim.
I think these guys could maybe hire Slim!
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