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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

Post by kavern23on Dec 06, 2023 1:45pm
116 Views
Post# 35771424

Still think...

Still think...On Dec 1 i wrote these target prices (below) and I nothing has changed today...I wouldnt consider bottom fishing until these prices are hit and even then...have to reanalyze.

We are going back to 2015-2019 conditions only worse...no ability to borrow money and can't issue shares easily
:

BNE - 4.50
YGR - 1 - 1.10
Petrus - 90 cents
IPO - 1.80

Unless things change fast....by either Dec 30 or jan 30th...price range i expect...

Am I a permabull? Nope I am just a a guy that has survived this for 20 years because I am not a hyper bull 100% of the time
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