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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 Dec 08, 2014 6:31pm
268 Views
Post# 23208255

RE:Any thoughts ?

RE:Any thoughts ?It means they are going bust.  The bank is never going to renew their line.  Therefore it is due May 2015.  They have until then to sell the company.  I hope that is what happens because I have far too much money in this thing.  I've accepted that it will go to $0 but still hold hope they'll get $0.10 to $0.20 per share on a sale.  
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