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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 margaritamanon Nov 09, 2023 4:57pm
62 Views
Post# 35727026

RE:RE:RE:RE:RE:RE:The company needs to do a 1for3 reverse split

RE:RE:RE:RE:RE:RE:The company needs to do a 1for3 reverse split Stay the course. Yes it's been a bad week but I believe the best path forward is to get to the $80m net debt then decide next step i.e. NCIB or special dividend. I'm looking longer term so so stock price action over the next 6 -12 months is not a concern. 
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