Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Cardboard1on Mar 12, 2019 11:03am
126 Views
Post# 29472961

RE:RE:RE:CIBC

RE:RE:RE:CIBCYou do as you wish Kavern but, the stock was quite a bit higher in early January, after release of the reserve report and just 2 weeks ago prior to earnings release.

Now we have in hand all this information confirming the thesis or that this is incredibly cheap and the best positioned Canadian O&G company for growth: they have the money (banks are more than willing), new wells are incredible and they are not mandated by the province to cut their oil production.

I don't know when the market will get interested again as it could be tomorrow... However, it is crazy for this to trade sub $30,000 per flowing and around PDP NAV with all this flexibility and some of the best wells and margins in Canada. Balance sheet is very solid too.

It deserves a premium to the rest of the bunch who are just getting by and someday it will get it back again.
Bullboard Posts