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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 pennydredfulon Jan 16, 2024 6:57pm
93 Views
Post# 35830216

RE:RE:RE:RE:RE:RE:If anyone wanted to double down

RE:RE:RE:RE:RE:RE:If anyone wanted to double downThey  need  to be able to chew gum and wiggle  the rump   at  the same time  .  Even  if   they  bot  2500  shares  a day  at  1.20   that  is  625000   shares  over  250 days   costing   $750000.  OBE  went   out   and   raised   a  pot  of  secondary  debt   financing   some  of which   was  for drilling  and to  pay  down   bank debt   and yes  it  was  expensive.
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