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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 30, 2024 9:47pm
106 Views
Post# 35854047

RE:RE:RE:RE:RE:RE:RE:RE:RE:Crazy cheap

RE:RE:RE:RE:RE:RE:RE:RE:RE:Crazy cheap If   YGR   needs  a funding  partner   perhaps   TAQA    is  the place   to look    as  they  are already  partners   of sorts.   I   believe   TAQA   is   formerly   Prime  West   now   Saudi   owned.    Back in the  day  Primewest   had  a dividend  re invest plan  that  issued  shares  at a 5%  discount ,  however   once   a  year  one could  subcribe   for   additional   shares  up to  $100000  and  still  get  the   5% discount   ie    $5000 discount other  things being  equal  as   the  price    one got   was   a 5%  discount   to  a 20day   weighted   average. So  for  numerous  friends  and family  I  registered  1  share   in their names  ,  sent   in   the   $100000 cheques   to   the  transfer  agent ( my money ) then  shorted   the  stock   as   best   I  could over the averaging  period   (  as   it was an income   trust  it was not too  volitaile   )  ,  I   trusted   the   parties  to  give me back   the shares  ( had   to  get Power   of Attorney)  and  then   I   gave   them   their   5000  Profit   more   or less   taking no profit for myself.  One   lady   at  the time   had   2  kids   19  or    20     so   we  gave them   100  each   and with the 14800  left she paid  off   some credit   card debt. Hopefully  this will  get me past  the   Pearly  Gates LOL    
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