VIRGINIA HILLS OIL CORP VFGGF

I blame myself

[nikehercules]

I 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

[bargnhillbilly]

Nikehercules, I try not to beat myself up too much. There are always plenty of other people to do that. There is plenty of blame to go around. This company has its head in the sand and not drilling. So how can the stock go up without news? When a stock starts to tumble its the managements job to get out in front with some positives on the company. Not hide till it's all but bankrupt. Now

[Catalac]

Exec not buying because they are broke too. Yes they pay them selves 40-50k per month but they have huge burn rates