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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 pennydredfulon Mar 09, 2024 6:55pm
124 Views
Post# 35924795

Over the 20 year + stock downward Spiral

Over the 20 year + stock downward SpiralYGR   have  massively  burned  their  stockholders  over  the years  by issiuing large  quantities  of  options  .  These  either  expire  worthless  or  are  excercised at a low  price like we  just  see. Then  they  are replaced by more dilutive   options.  For  people  getting  options  it  is a free  riskless ride with no  capital  to put up  and less  mental committement than  a person  that buys   stock  with their own  money.  
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