Bullboard - Stock Discussion Forum VIRGINIA HILLS OIL CORP VFGGF

Energy Oil & Gas E&P

"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."

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Comment by lightscamon Feb 16, 2017 6:58pm

RE:RE:this done... bankrupt what fool is buying this ??

Check out twin butte energy we just finished bankrupcy with one of directors of virginia hills oil l guess you guys are next. Its one ccaa at a time with any company that has this director on board ...more

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Comment by trader129on Feb 13, 2017 1:20pm

RE:this done... bankrupt what fool is buying this ??

well you hope it is someone that is short, just covering --- anyone buying is going to get nothing.. way overlevered.. there is allways a fool that will soon be parted with their money.

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Post by TraderSethDavison Feb 13, 2017 1:16pm

this done... bankrupt what fool is buying this ??

Alvarez & Marsal Canada Inc. is expected to be appointed the receiver and manager over the assets, undertakings and property of Virginia Hills

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Post by PetroExploreron Oct 23, 2016 3:02pm

What is Happening with the Stock Price?

Looks like the company is collapsing, and the loan is going to get called right away. Another instance of a company that couldn't survive the extended price downturn, even though it was ...more

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Comment by bullmarketson Aug 26, 2016 11:20am

RE:RE:there is no shareholder equity

No doubt. Debt is 90k per flowing. The whole company might be worth 50 million. So there should be a large write down

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Comment by righand2on Aug 26, 2016 9:50am

RE:there is no shareholder equity

With $110 million in debt, the common shares do appear to be worthless.

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Post by bullmarketson Jul 26, 2016 1:15pm

there is no shareholder equity

this will go bankrupt again. brookfield just wants to get as much money out of it.. might as well do a retructuring and convert debt to equity..

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Post by gmarc66on Mar 07, 2016 12:51pm

finally inching up....

as I mentioned before, this stock is hugely down post r/s, and with a tiny o/s of only 2.17mil and with oil on the up, its time for a run, glta

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Comment by kingfisher7on Nov 24, 2015 2:15pm

RE:RE:Somebody wants these shares

Thanks for gracing us with your astounding insight and intelligence quite remarkable for a gimp.

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Post by kingfisher7on Oct 29, 2015 2:51pm

Somebody wants these shares

Albeit small transactions 068 Leede Financial has been the buyer for weeks now.

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Comment by Shlinker_on Sep 27, 2015 10:36am

RE:hugely down post r/s....

or they might just go bankrupt, either or.

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Post by gmarc66on Sep 23, 2015 11:19am

hugely down post r/s....

VHO.v not only has a very low O/S of just 2.17mil shares! but it is down so low after a 1: 100 reverse split on Apr 17 2015. Apr 16 it closed at .015, but where low of day was .005 and had ...more

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