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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 nikeherculeson Jun 24, 2014 12:39pm
219 Views
Post# 22689789

I blame myself

I blame myselfI picked up a very small number of shares based on my rumour that Wade wants to buy and that things have turned around. It has been almost two months since I first heard that useless tidbit of information. The SP was near 0.19.

I bought in at 0.125 after the latest news release thinking, "Maybe they have turned around!"

I gave this little puppy until the end of the month, or 0.105 then I'd pull the plug. With a stock like PRY it's important to maintain stop loss discipline otherwise small losses become big losses pretty quickly.

We're at the end of the month and Wade ain't buying! I guess the well remediation might not be going as well as expected, or not well enough to make a dent in that pile of debt.

I've been continually let down with this one. My $$ amount loss this round is laughably trivial. I'm more upset at myself that I ignored the hard numbers and listened to a stupid rumour. This is the 3rd time in 18 months I've stopped out.

Let's hope things do turn around and everyone manages to salvage their investment from this mess.

Good luck to everyone.

NH
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