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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 kavern23on Feb 05, 2024 3:29pm
96 Views
Post# 35863791

RE:RE:RE:RE:RE:RE:RE:RE:RE:Kavern Transaction fits

RE:RE:RE:RE:RE:RE:RE:RE:RE:Kavern Transaction fitsThe whole patch in cardium needs to be looking at how realistic any type of return of capital strategies really are....continuing doing the status quo...

Do these companies just keep spending capex to equal cf and years pass by....

To be blunt I dont think insiders of these companies have any type of leverage to hold out.

Aeco could easily average in range of 1.25-1.75 the rest of the year.

Do BNE, YGR, IPO etc share prices reflect that reality? 

Probably not.
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