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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 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

Bullboard Posts
Comment by derbon99on Feb 16, 2019 11:54am
76 Views
Post# 29375128

RE:YGR's 39% decline rate, exploratory risk, Trudeau & Funds

RE:YGR's 39% decline rate, exploratory risk, Trudeau & Funds39% decline is low for a first year 
you should read again the page 12 because it is not the average decline of the company
the inventory is deep and growing (see recent acquisition)
finally there is always a risk in terms of geology 
still after 4 years I have not seen any slowdown of the production and third party specialists have raised massively the reserves of the company recently 
Thank you for your very sound analysis
 

Bullboard Posts