Yangarra Resources Ltd T.YGR

Alternate Symbol(s): YGRAF

Energy Oil & Gas E&P

Yangarra Resources Ltd. is a Canadian junior oil and gas company engaged in the exploration, development and production of clean natural gas and conventional oil. The Company has its main focus in the Western Canadian Sedimentary Basin. The Company has an interest in approximately 184.5 sections (118,080 acres) in this field, which is located around the town of Rocky Mountain House, Alberta. The company has developed its land base to target the halo Cardium at Ferrier, Chedderville, Cow Lake, Chambers, O’Chiese, and Willesden Green with a focus on exploiting the prolific bioturbated zone as part of the entire Cardium package.

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Yangarra Resources Ltd > Looks like I might be back early

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Comment by kavern23on Mar 14, 2022 7:25pm

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Post# 34513484

RE:RE:RE:RE:Looks like I might be back early

Well the long positions in brent oil went down alot last week and short interest picked up.
That is one thing that points too a downward trend in oil coming.

I mean how can anyone short oil right now...what does "the big money" know??

Todays drop of like 7 f*ckin dollars felt like traders have some kind news and some want out at all costs.

Likly China...if China's economy sputters will basically take out any oil demand growth...some traders could be speculating on China bad news is coming.