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Bullboard - Stock Discussion Forum 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... see more

TSX:YGR - Post Discussion

Yangarra Resources Ltd > One Step Forward. Two Steps Back
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Post by Helloworld on Sep 20, 2022 12:06pm

One Step Forward. Two Steps Back

Frustrating seeing no buyers while the stock continues to flail compared to peers. I guess company remains in overleveraged sin bin category until they actually prove they can consistently make money drilling wells. Hopefully Q3 results move the needle but based on fact it is already semi public information drilling is going well it may not.
Comment by Hendrick3 on Sep 20, 2022 2:26pm
Some of these out of favour stocks take a few quarters of good results (drilling in particular for this name) to be recognized for the outstanding fundamentals they report. I am a long time holder of OBE and the stock languished throughout 2020 and 2021 because of some mistakes it made two years prior. Forgiveness is not in the investor community vocabulary and so ygr will be slow despite being ...more  
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