VIRGINIA HILLS OIL CORP VFGGF

What's the worst than can happen?

[nikehercules]

Gents:

It looks like the little rise in SP has been short lived. Let's take a look at the worst case scenario.

Say production is currently below 2,000 bbls/day and slowly dropping.

Does PRY stand a chance with a merger/sale?

At 1,900 bbls/day, is PRY worth more than 170 million (130 million debt, 40 million equity) ?

I'd like to buy some shares, I really would.

...but I need a reason!

NH

[gamblingmoney01]

GREAT POST Right now it's a 100% gamble. nothing will change until wade specks.

[nikehercules]

Thanks gamblingmoney01, just to give a rough idea: @ 2300 - $73k / flowing barrel @ 2000 - $85k / flowing barrel @ 1700 - $100k / flowing barrel. Kearl Oilsands is over $100k / flowing barrel. I think that's the most expensive kid on the block.

[Iamwcw]

This post has been removed in accordance with Community Policy

[nikehercules]

Thanks WCW: I sold off along time ago. I have no intention of buying anything until after the report. I enjoy gambling, but I prefer vegas. At least when you lose your money you get a free drink and a stripper/dancer to leer at. Here we just get a stupid PDF statement. NH

[gamblingmoney01]

Ya but you can't use vegas to off set your winners.

[nikehercules]

True enough. STP has been a big winner for me lately. It is a bit sad to see this company, once filled with so much hopium and promise, come down to this - amusement for TSXV penny stock traders. Oh well, don't bet the farm on this one!

[gamblingmoney01]

Very true and all we can do is wait for the report. everyone wants the stock to go up no sense in bashing peoples hope, This late in the game.

[Prof_JD]

finally an engaging conversation with different opinions and remarks... and NO wcw crybaby to  moan and rant us out.. although id have to slightly side with Nickelman and say that technically TA wise and for the fact  their filing late.... it doesnt look too good for PRY news.... all one has to do is look at the previous 3  q1-q2-q3 results and connect the dots... the waterflooding

[bargnhillbilly]

It's like reading tea leaves, When the volume picked up last week I thought we had a winner. Then volume went south. March 19th last years end of year stats came out and here we are be April 7th Monday and nothing. I hope they had some well results that didn't have waterflooding to balance out the bad. Let's just hope the little run up we had was a precursor of what's to come. If

[gamblingmoney01]

WCW thinks he is a expert. won't hear other posts without bashing and LOL. This stock is 100% spec. bet now before wade talks.