Yangarra Resources Ltd YGRAF

Primary Symbol: T.YGR

Energy Oil & Gas E&P

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.

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Yangarra Resources Ltd > April markets

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Comment by TheRexmemberon Apr 15, 2024 11:54am

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Post# 35989493

RE:RE:RE:RE:RE:RE:RE:RE:RE:April markets

So they say.

Costs are so amazing at YGR that they have made zero progress since pre covid on production while debt is still far too high. And of course the dilution means per share production has been falling.

sometimes there is a reason everyone else does it differently.

As opposed to PNE which added 8000 barrels of production via two acquisitions, paid off their debt prior to the latest deal and has paid about 50 million in dividends since.

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A junior copper-gold stock trading at a bargain of monumental proportions