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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 > Bleeding out
View:
Post by Helloworld on Feb 01, 2024 11:42am

Bleeding out

This thing is bleeding out 1 to 2 cents a day regardless of anything. 

Relentless and brutally painful.
Comment by Hendrick3 on Feb 01, 2024 12:55pm
Some big volumes of shares for sale. Somebody big is selling but trying not to destroy the market. The buyers are patiently waiting for the price to come to them. Not a good time to be a seller. Problem is they May trip so OBE's stop loss level abd trigger this down to a $1 in short order. I have seen this movie before and don't want to watch. 
Comment by kavern23 on Feb 01, 2024 1:17pm
Oil crashed today instantly on rumours of ISreal and hamas ceasefire.  THats one problem...oil has been so pumped with a risk and war premium...actual oil demand and supply fundamentals are not good at all.
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