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Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

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.


TSX:YGR - Post by User

Comment by fullyautomaticon Jul 09, 2023 10:48pm
130 Views
Post# 35533067

RE:RE:RE:RE:A theory re YGR true or not ?

RE:RE:RE:RE:A theory re YGR true or not ?YGR appears to have been lucky with avoiding forest fires. I think a small amount was curtailed but  as far as I know it should be immaterial..


I don't expect anything different. Thats the good part, if commodity prices firm up that is really all that matters. Have a look at the netbacks YGR can pull when prices are high(er)

Most companies do run more than one core area yes. However ALL other companies are higher cost of production. 

Look I am not trying to get you buy shares here, I could care-less. I do this to justify my position and justify any decisions that need to made in the market. If my thinking lines up with managment action then it's my fault if it didn't go the way I wanted. If my thinking doesn't line up with managment action I sell. I would sell my shares if plans were made like the ones you have suggested. Thats the market.. Good Luck!
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