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VOIL analyst's report from ETrade:
Virtus Oil and Gas Corporation Analyst Brief: Holding the Pole-Position by Small Cap Street and BrokerBank Securities, Inc.
A7:30 AM ET 10/2/14 | PR Newswire
Virtus Oil and Gas Corporation (OTCBB: VOIL) headquartered in Houston, Texas, Virtus Oil and Gas was founded in 2013 with the mission of acquiring and developing onshore oil and gas working interests in proven basins in the United States, such as the Central Utah Thrust Belt Region. The company's ultimate strategic focus is the development of oil and natural gas production and reserves.
Virtus Oil and Gas appears to be one of the best performing penny stocks. On September 22, the company announced that it has completed its final payment towards the acquisition of more than 18 thousand acres of land in Iron County, Utah. Since then the stock has been smashing through 52-week highs on a daily basis. The total gains from the last six sessions alone amount to more than 20% and when the closing bell rang, the stock was sitting at $2.16 per share. The completion of the acquisition is certainly good news and in light of this, the impressive performance is probably not that shocking. What is surprising, though, is the trading volume. More than 1 million shares changed hands during yesterday's session
VOIL UPDATE:
VOIL analyst's report from ETrade:
Virtus Oil and Gas Corporation Analyst Brief: Holding the Pole-Position by Small Cap Street and BrokerBank Securities, Inc.
A7:30 AM ET 10/2/14 | PR Newswire
Virtus Oil and Gas Corporation (OTCBB: VOIL) headquartered in Houston, Texas, Virtus Oil and Gas was founded in 2013 with the mission of acquiring and developing onshore oil and gas working interests in proven basins in the United States, such as the Central Utah Thrust Belt Region. The company's ultimate strategic focus is the development of oil and natural gas production and reserves.
Virtus Oil and Gas appears to be one of the best performing penny stocks. On September 22, the company announced that it has completed its final payment towards the acquisition of more than 18 thousand acres of land in Iron County, Utah. Since then the stock has been smashing through 52-week highs on a daily basis. The total gains from the last six sessions alone amount to more than 20% and when the closing bell rang, the stock was sitting at $2.16 per share. The completion of the acquisition is certainly good news and in light of this, the impressive performance is probably not that shocking. What is surprising, though, is the trading volume. More than 1 million shares changed hands during yesterday's session
A little less volume today, but it's coasing between $2.10 and $2.15 right now, which is near the end of trading. Around 1.1 million shares traded today. Not bad and it's up from what you paid.
322,000 shares traded in the first 25 minutes today!
Now that stock analysys have noticed VOIL, I would think the word is now getting out about this great small company. Upward and onward!
VOIL analyst's report from ETrade:
Virtus Oil and Gas Corporation Analyst Brief: Holding the Pole-Position by Small Cap Street and BrokerBank Securities, Inc.
A7:30 AM ET 10/2/14 | PR Newswire
Virtus Oil and Gas Corporation (OTCBB: VOIL) headquartered in Houston, Texas, Virtus Oil and Gas was founded in 2013 with the mission of acquiring and developing onshore oil and gas working interests in proven basins in the United States, such as the Central Utah Thrust Belt Region. The company's ultimate strategic focus is the development of oil and natural gas production and reserves.
Virtus Oil and Gas appears to be one of the best performing penny stocks. On September 22, the company announced that it has completed its final payment towards the acquisition of more than 18 thousand acres of land in Iron County, Utah. Since then the stock has been smashing through 52-week highs on a daily basis. The total gains from the last six sessions alone amount to more than 20% and when the closing bell rang, the stock was sitting at $2.16 per share. The completion of the acquisition is certainly good news and in light of this, the impressive performance is probably not that shocking. What is surprising, though, is the trading volume. More than 1 million shares changed hands during yesterday's session
Just this one statement on VOIL's web site is worth repeating:
GEOLOGIC FEATURES
The Parowan Prospect lies on deep sandstone and carbonate horizons extending. This offers thick reservoir units with the potential for large reserves of hydrocarbons.
In the Moskowitz Report about VOIL's prospects, they predict that the worst estimate of "original oil in place", on their property in Utah, is about 266 million barrels of oil. That would give them a value of $44.05 per share.
On the other side, the best estimate of total oil reserves is 3,290 million barrels. The share value then would be over $530 a share. The real value should be somewhere in the middle of that spread. $250 or so a share. If they sell before they drill a well, they won't get top dollar. A gusher should give them an offer over $300 a share.
I'm sure that Anadarko on the NYSE, who plans to spend $10 billion drilling wells in the area over the next decade, would be the logical buyer.. It appears that a "behind the scenes buyout frenzy" is already shaping up ahead of Phase-One drilling. Anadarko's properties are in the same area as Virtus Oil and Gas. I can't wait for the fun to begin.
Stock is up 21 cents at 2 PM today. Great recovery.
Thanks for all the info about VOIL and their associates. Good digging. I hope all this helps some investors find out about VOIL.
VOIL is regaing some of yesterday's lost ground. Up 14 cents to $2.05 at 12:55 PM today. Good volume. People want in at a good price. About 750,000 shares traded today, so far.
Since their properties are so close to each other, it would be a wise move. A lot of money would be involved.
There is a report in an Oil & Gas Touting Report that VOIL could be a target for a buyout from Anadarko of the NYSE. Just speculation now, but it could happen since their Utah properties are next to each other.
Info below is from an SEC Report filed about a week ago. Looks like Management has the money to pay for the assets they purchased, without a stock offering:
On September 22, 2014, Virtus Oil & Gas Corp., a Nevada corporation (the “Company”), made the last payment required for the acquisition of oil and gas leases covering approximately 18,690.50 acres in Iron County, Utah (the “Leases”) pursuant to a purchase agreement with Tom Johnson and Bill Berryman (“TJBB”). The total purchase price for the Leases was $168,215, and the last payment of $75,000 was made prior to the original due date under the agreement. Now that the final payment has been made, the Company and TJBB are submitting documentation to request approval from the U.S. Bureau of Land Management (the “BLM”) to assign the Leases from TJBB to the Company.
The subject acreage is located in an area known as the Parowan Prospect in the Central Utah Overthrust region of southwestern Utah. The Company is acquiring an 87.5% working interest and an 80% net revenue interest in the Leases.
The entry into the purchase agreement with TJBB was previously reported in Item 1.01 of the Company’s Current Report on Form 8-K filed on May 12, 2014. The Company recently made the final payment under a purchase agreement with Tidewater Oil & Gas Company LLC to acquire an 87.5% working interest in oil and gas leases covering an additional 36,787 acres along the Parowan Prospect in Iron County, Utah. Once the Company receives confirmation of the BLM’s approval of the assignment of the Leases, the Company will have an 87.5% working interest in oil and gas leases covering a total of 55,477.50 acres in Iron County, Utah.
Looks like VIRTUS is going to go up and down like a yo-yo! I like down, since I can get more shares at a discount.
Over 2.5 million shares traded, so far today. And VOIL is moving back up. Can't keep a good company down.
Looks like some profit taking today. It always happens after a quick uptick. But, that opens opportunities for bargain hunters, like me!
Looks like it struck out.
Voil's COO, Brett Murray, worked for Phil Anschutz's private company, Anschutz Exploration Corp., where he was involved in the $1.4 Billion divestiture of the company's Southern Bakken properties and the smaller, only $114 Million, sale of the company's Northern Bakken properties. Forbes rankes Mr. Anschutz as the 38th richest person in the US, with an estimated net worth of $10 Billion as of 2013.
Also new to Voil's Management team is Dr. Robert Benson. He left his position as a Research Professor in the Department of Physics at the Colorado School of Mines to join Virtus Oil. He has been in the oil & gas business for 4 decades.
These people aren't Boiler Room dealers!
A company like Vitus Oil is new and only has assets, but no income and doesn't look good on paper. But, who is running this company and what are they currently doing?
You aren't going to find any earnings. You have to give them time to work on their plans. I think they plan to later merge or sell the company after a few wells come in. Raising money should be no problem for this management. Selling worthless shares is not what they are doing or plan to do.
There is very little risk in a company run by men with backgrounds like "Vitus Oil" has. I don't know what you are missing. My advice to you is find a nice, safe old company and invest there.
If you think VOIL is a scam, don't buy the stock. I don't have any clue that it's a scam. I will buy the stock. Too many top notch people involved with the company for it to be a scam.
You have to do your DD on any stock you buy. It was was very easy to see the classy people involved with this company. A no brainer for me!
VOIL's CEO and some information about him. Sound like a "Pump and Dump" fellow?
Brett A Murray has assumed the position of Chief Operating Officer (COO). Mr. Murray recently worked for Gunnison Energy Corporation, an Oxbow Company owned by William Koch in 2012, as Land Manager. Prior to GEC, Mr. Murray spent time at Anschutz Exploration Corporation. Mr. Murray has been involved with multiple divestitures and business development of approximately 150,000 acres and nearly $80MM in transactions. At Anadarko Petroleum, he was a company landman who worked on curative issues before drilling in the Wattenberg Field. Murray started his land career as a field landman in Northeastern Colorado. He acted as the main lease buyer for Tecton Energy where he leased near 100,000 acres in the Albuquerque Basin, New Mexico. In 2008, Murray was a board member on Steve Naeve's private company Houston Power Associates, that focused on renewable energy in seven states. His depth of land knowledge and business development background will be vital to the Company now and in the future.
You don't have a person on the Forbes Top 100 list pitching "Pump and Dump" stocks. Look at the people behind this company. Someone is trying to cover a short or disrupt the company.
I'm sure VOIL has nothing to do with the "Boiler Room" tactics. These people jump into all kinds of companies, some good, some bad. You have to see who is behind these companies.
Appears to be very active and moving up early today. 489,000 shares traded as of 10:19 AM, today. Last price was $2.14.
Looks like a lot of people think Voil is a Pump & Dump. I doubt it. This looks real to me. I have been stung by a number of crappy stocks. I think this one looks different. I hope!
I think they should give us some warrants at no cost for all the trouble we've been through. I wrote Meister about it.
That's what I was told. I guess they are so busy digging holes in Nevada, that they just don't have the time.
I think that they should give all the current stockholders warrants to compensate us for all the trouble we have had dealing with them. One warrant for one share! Make them long term and exchangeable at a penny above the current price. That would give them some value.
I have made a lot of money in Penny Stocks like REVO. A lot more in long term investments in utilities. But, I hate to wait 25 years to show a nice gain. Go REVO.
From: rmeister@canyoncc.com
To: JNCOOK
Sent: 8/14/2014 3:19:09 P.M. Eastern Daylight Time
Subj: RE: CNYCD
Hi John,
Sorry I’ve been in a meeting about Canyon with the people who are optioning our NV property. They are eager to start work which is great.
Bob
I just noticed some more trading up a few minutes ago. A little over 10 cents a share. Only 6000 shares, but thats not what we have seen here recently. I want to see Bob Meister's Press Releases. The insiders will get in first. Not being an insider, I'll watch and wait.
I just got the following email from Bob Meister at Canyon Cooper Corp. I bought 500 shares this morning just to see if there was any trading going on.:
From: rmeister@canyoncc.com
Sent: 8/14/2014 1:42:12 P.M. Eastern Daylight Time
Subj: RE: Canyon Copper
Hello John,
I hope you are doing well and enjoying your summer.
We have been working on a number of opportunities for Canyon Copper that are finally coming to fruition. We will be having a couple of news releases shortly in regards to both of our projects (Nevada and California).
It’s been a tough road but we are finally progressing on a number of fronts. Hopefully these events will fuel a turnaround for the company.
All the best
Bob
I now think you are correct. REVO is highly undervalued at the current price. A large buyback by the company should get the ball rolling. I have had stocks like this before and some surprised me a good deal. Some were duds. REVO is not a dud!
After many months going over REVO, I think it could be worth over 50 million to 75 million dollars within the next year, if not sooner. This is not a get rich quick stock. hang on guys!
Looking good now. Payday is coming!
I saw on the TV news this morning that it was found after the race that Chrome had a cut on his hoof, probably from the opening gate. I think Chrome was the best horse out there. Bad racing luck!
I just bought REVO a month ago and have been on vacation most of the time since. I liked what little I read about the company before, but could this really be a NASDAQ company. I don't usually buy a stock before I do a lot of research, but the price of REVO was so low, I thought it was worth the gamble.
Just trying to get some more info before I buy any more REVO stock. Do you think REVO is worth adding shares at this low price?
Anyone heard from the company recently? Like it's died a quiet death.
I just bought 100,000 shares of REVO. Thought I'd take a fling on this one. Now, I'd better see what I bought.
Email I received from Bob Meister on St. Patrick's Day. Somewhat positive:
From: rm@alpha-aex.com
To: JNCOOK
Sent: 3/17/2014 3:45:46 P.M. Eastern Daylight Time
Subj: RE: Canyon
Hi John,
Happy St. Patrick’s Day to you as well.
The wheels are slowly starting to move again for Canyon. You are correct it is a little difficult to analyze at this time (especially with little volume), but you must put things in perspective too: $0.09 would sadly equal less than a cent before the rollback. When we were in Toronto 2 weeks ago we held a number of meetings with groups about moving Canyon forward, so I do know first hand that things are starting to percolate.
Cheers,
Bob
It was mentioned after the reverse split that Management would then go through the offers sitting on the table while they were working Alpha.
In my opinion, they had an offer to buy out or merge the company, and they wanted to jack the stock's price up and increase their share holdings. In record time they arranged a Private Placement to get a bundle of shares that had just been reversed. That was their way to cut us out. This Placement had a fantastic deal, one share for 5 cents and one warrant thrown in to buy another share for 5 cents. A stock that had just been reversed to decrease the number of outstanding shares, just created another 16 million shares. On top of that they really didn't raise a large sum of money. $400,000 for the stock and possibly another $400,000 later if the warrants are exercised.
The move of corporate HQ into Canada probably gave them the ability to shaft us. We still have a chance to recover some of our money. They can't sell their shares for 4 months. If they run the stock's price up to get a better deal in a sale or merger of Canyon Copper, we have 4 months to unload our shares. We had better keep a watch on the stock's price, so we can get back some of our lost money. JMHO