Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
We’ve actually had a good few weeks. Thoughts on 2019?
Also be great to see revised Reserve Reports. They had numbers with $40 oil and $2 gas so love to see upside with new numbers being higher. If only $70 oil again. IMO
A few simple google searches and you find out the CEO is nothing but a pump and dump scam
https://seekingalpha.com/article/2305775-virtus-oil-and-gas-a-follow-up
LIKE i said. Some painting the tape.
Someone “painting the tape”. No bad news out there to cause this. Oil up and promising. Someone frustrated and at a cheap price playing some games.
Run very fast and see what the CEO did with Virtus Oil.
Not sure i would buy into rumors but best thing is the delay has prices very favorable for the industry. So many neighbor operators in Colorado facing huge political backlash. Don’t be surprised some of them come West.
SP holding strong even with some days and massive volume. Obvious these new guys aren’t short term players like the yahoos before.
Company Investor presentations posted on the website. They look great and shows how easily company can produce barrels.
More importantly looks like no one is selling at this price. Holding out for better SP
Great week for VOIL. Oil near $70 and Iranian Oil deal about to blowup meaning the ceiling for VOIL among others was raised quite a bit
Following Companies are allowing buying and selling of VOIL:
1. Penntrade
2. Scottrade
3. T. Rowe Price
4. TD Ameritrade
5. Union Bank
Ill let you know anymore but I am seeing the trend of new folks coming into this so hopefully we are rid of the day-traders and folks gonna hold this a little longer while rest of properties come into VOIL.
I’m expecting more than a nickel next week. All the momentum and reports of $80 oil should justify with those new financials.
Over 80k in volume today. IMO not gonna be many selling to wait and see how this plays out after that PR
They finally got the PR out. Saw this on company fb
News from VOIL today:
1. $14mm in Assets reflected on Financials
2. Form 10 being filed shortly
3. VOIL entered into agreements to acquire additional assets
4. Brett A. Murray promoted from SVP to EVP
https://www.newsfilecorp.com/release/34123
Almost hit a nickel. Still way below the 15 cents based on market cap of $14mm on the balance sheets
Syria, Russia and Iran conflict means OIL will be climbing. I expect it to be a good week for everyone e.
Over 40k in volume. Must be some news coming that the rest of us need to hear!
I assume we will get closer to that 14cents based on assets value in the financials. Specially before the Form 10 is approved and back on OTCBB and free trading easier and not much Out there in the float
Read that investor presentation again from last year. One would think they get those assets in and it will be booming for all of us.
Well a year ago they were at 22 cents and pending lawsuits. Since they have won those and now Oil up. I expect more than 30 cents once the additional acreage and pipeline is into Virtus.
I assume press release will be out with remainder of last quarter financials? Does that mean auditor and form 10 done within standard of 60 days also. If so we won’t be under a penny anytime soon. Those numbers they used were pretty conservative and now near $70 Oil. About damn time VOIL does it and does it right IMO
Based on those financials VOIL should have a SP of $.14 based on share structure and float. Way below current trading. Also assets of $14mm and additional major properties to close in 2018. VOIL rising like the Phoenix from the ashes of single digits.
Here is link for latest financials they posted:
http://virtusoil.com/VOIL-Unaudited%20FA-%2008-31-2017.pdf
Financials out on virtusoil.com Impressive, showing $14mm in assets and a little revenue starting in August. Way below current valuation of SP.
Another good day of volume. Let's continue to take these bottom dwellers out at 2 cents and get some folks in that want to take this for a ride.
Looks like the financials were posted to Virtusoil.com. The Form 10 should be coming soon and that brings the company current
News on twitter and Facebook about financials finally about to be posted. And Oil at a three year high.
VOIL just hit 8 cents. Wall Street Journal talking about 80 oil will surely help
https://blogs.wsj.com/moneybeat/2018/01/10/whispers-of-80-oil-are-growing-louder/
2018 here so we should be seeing financials and information on how current management has been cleaning up everything from Plumb and Ireland days. Oil near $60 so low SP means throw the dice and load up as any news could make this things climb. IMO. Best thing is we aren’t seeing any insiders or management unloading shares so that’s assuring
WEBSITE up and running. Domain server switched to new servers and validation was lost in emails
Virtus Update. Just spoke with CEO. VOIL never received any notices and their counsel Thomas Pritchard. The timing is terrible as the auditor was about to finalize all financials and bring VOiL current. So should be a minor speed bump. IMO
Great news is they didn't go on a crazy buying spree like other micro cap companies. The shale bust could be coming as many are predicting in 4Q. Oil has held just below $50 and voil hasn't loaded up on staff or debt. Let's get audited financials to date and let the good times roll.
Other Paradox Basin news. Be great they develop their fields into something like this
http://www.nasdaq.com/press-release/featured-company-news--elk-petroleum-to-buy-aneth-field-from-resolute-energy-20170918-00335
Finally financials are out! Unaudited but still shows Company cleaning up the mess and all the debt. Producing properties with revenue is better than what we have ever seen. Cheers to VOIL on setting a great foundation.
On their homepage:
[url]virtusoil.com/Virtus%20Unadutied%209-13-17.pdf
[/url][tag]insert-text-here[/tag]
Hopefully with news last week and this week of Hurricane Harvey...better to wait with financials!!!
The dismissal with the liability of Drilling Energy and Drilling Services opens the flood gates of happy days. VOIL hasn't loaded up on debt or drilling obligations as so many have. Legacy assets as their CEO Green knows the Paradox and brought the assets to VOIL makes it promising. Plus at under a dime it makes it very attractive for the climb up!
Just saw it on twitter. Gentlemen start your engines.
Mancos is present under Virtus as Tidewater drilled a few to the east of Virtus prospect. Imagine if they can duplicate BP's successful Mancos wells. Virtus owns their own pipeline so if Mancos becomes huge in Paradox then Virtus will capitalize on their own drilling program and moving third party gas. Goodbye single cent days!
https://www.bizjournals.com/houston/news/2017/08/08/bp-finds-major-gas-field-in-new-mexicos-san-juan.html
Looks like word is getting out on something big about to happen with VOIL. My guess is the litigation makes it free and clear for the company to acquire major assets mentioned in the LOI and also hearing amazing news from MGX Minerals with their lithium discovery of Oil Wastewater in Paradox. They are adjacent to Virtus so maybe Virtus has huge amounts of Lithium which pays WAY MORE THAN OIL AND GAS.