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Bullboard - Stock Discussion Forum Yangarra Resources Ltd YGRAF


Primary Symbol: T.YGR

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

Bullboard (TSX:YGR)

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Post by margaritamanon Feb 06, 2024 10:05pm

Shorts Down to 120K

For a stock with such negative sentiment even at current levels there still no short to speak of. Another 20k covered over the past 2 weeks. Any thoughts? 
Comment by Hendrick3on Feb 06, 2024 6:32am

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

Shareholder distress is already there in all of these Cardium players even to an extent in OBE but that is not new in this segment. I remember in the darkest days of 2020 which was peak shareholder ...more  
Comment by kavern23on Feb 05, 2024 9:05pm

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

Hendrick at what stock price does it start to equal shareholder distress. These general annual meetings could get a lot more interesting as more shareholders may start participating and being more ...more  
Comment by Hendrick3on Feb 05, 2024 5:11pm

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

None of these companies are in financial distress. They can all pay down debt by shutting off capital for roughly a year. No financial institution is going to force repayment at such low debt to cash ...more  
Post by pennydredfulon Feb 05, 2024 3:34pm

Might work best if 2 or 3 cardium players to merge

All  companies  have certain  strenghts   and weaknesses , so the hope would be ,  the weakneses would be eliminated   and  larger   cap  ...more  
Comment by kavern23on Feb 05, 2024 3:29pm

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

The 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 ...more  
Comment by margaritamanon Feb 05, 2024 11:04am

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

Acquired would presumably look at cash or exchange of shares in a similar manner when deciding if the offer provides for a fair valuation. 
Comment by kavern23on Feb 05, 2024 10:39am

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

Yeah but big differene in accepting cash in an offer versus shares..."cash offers" chrystalize losses while share exchanges can wait it out. Lots depends on what oil prices do and settle at ...more  
Comment by margaritamanon Feb 05, 2024 10:21am

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

How is share price in and of itself the catalyst for the potential acquired to accept a low ball offer. There would have to be other factors in play. Pressure from the lending syndicate perhaps? 
Comment by kavern23on Feb 05, 2024 10:08am

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

Hendrick look at today...it continues.... IPO down to 2.05 or 3.76% down BNE down to 4.47 or 3 % down YGr 1.09. Obe is down like 1.5%.  Each day helps OBE in any type of exhcnage ratio. A deal ...more  
Comment by Hendrick3on Feb 05, 2024 7:03am

RE:RE:RE:RE:Kavern Transaction fits

The problem with your thesis is every one of the targets has large inside holdings. Take over without a healthy premium would never be accepted. Remember insiders at ygr were just at the trough at $1 ...more  
Comment by kavern23on Feb 05, 2024 2:26am

RE:RE:RE:Kavern Transaction fits

The other big reason I think obe will make a move on some cardium company is obe can solve one of biggest obstacles in a merger...what does one of the companies management teams do? Obe could offer ...more  
Comment by kavern23on Feb 05, 2024 2:12am

RE:RE:Kavern Transaction fits

Ygr was 1.28-1.30 on Jan 1 range and 1.10 now. Bne was 5.20-5.30 on Jan 1 and 4.60 now ipo was 2.20 on Jan 1 and 2.13 now what price is the breaking point for these companies. I would say slot of ...more  
Comment by kavern23on Feb 05, 2024 1:56am

RE:Kavern Transaction fits

Obe has quietly made themselves stronger to buy put someone if they wanted too...that's the big if. Obe increased their flexibility by buying back so many shares thus giving obe more ability too ...more  
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