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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 sellthefarmon Aug 27, 2014 6:13pm
171 Views
Post# 22884105

RE:The "Nothing is New" news is out

RE:The "Nothing is New" news is outIt could have been worse ie) bank line called, production down, etc.  But, this non-news will send the stock down further IMO.  Investors don't want to buy something with this high of a risk profile with little chance of reward in the near to mid-term.  Extending the credit review until the end of Sept just keeps the debt overhang on the stock for another month.  I hold a lot of shares in PRY but I'm guessing they'll be worth a lot less in the next few months.  I hope I'm wrong.
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