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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

Comment by kavern23on Feb 10, 2021 11:40pm
100 Views
Post# 32534354

RE:RE:RE:RE:RE:Upgrade

RE:RE:RE:RE:RE:Upgrade
 
Sure Kherson.

I honestly didn't look or check any stock prices from March 9th until this last weekend. I think i looked at Cardinal first last saturday and then sunday night I got the courage to check YGR share.
On march 6th,,,YGR was like 70 some cents. On march 9th, Ygr opened at 47 cents as over that weekend oil crashed due to covid/saudias.

With airlines not flying and seeing the demand destruction...was no point in checking stock prices or signing into brokerage account...or even signing into stockhouse.
I knew I wasn't going to be trading stocks until covid vacccine and most importantly I think a person has a much more healthier mental perspective not seeing the daily drops..
My portfolio is basically same amount it was precovid.

I never seen YGR hit 28 cents or CJ drop to 30 cents. Actually better mentally now when I trade then if I did see that live.  Too people are too pessistmuc right now for this reason.  I am much much more postive then most people on stockhouse.

I F*** IN knew when oil hit under 30 dollars it was going to be very brutal for YGR.  I was tinkled pink with joy when I saw YGR is over 90 cents after 2020.  I fully expected to read YGR had to have issued shares or sold a gas plant....YGR navigated this very very well.  I followed YGR very very closely in Q1 of 2020 and I knew how high the Q1 capex was and with oil prices tanking...f*ck I knew it was ugly.

I also expected us to exit 2020 at 8000 range so I am okay with 9500 considering eveything and how little we drilled.    Remember see Q2 or Q3 until recently.  YGR had lower operating costs then I expected they could ever get.

I don't think many YGR shareholders realize how lucky we are.  We have still have a very good chance of sucess to come.  We still own our midstream assets and we are not at 150 million shares outstanding...those were my fears as lets face it...in Q2 oil was 31 and gas was like 1.60. No energy company in the world did good.

I expected YGR to be at 40-60 cent range rigfht now.  Our share price is at pre covid levels or above in some cases. I was getting some YGR in high 70 s and mid 80's in early 2020.
Feeling good about things.

I only made one mistake.  I had zero Inplay oil going into the covid crash (this was smart), got out at a profit earlier and I was riding YGR (the most, at many price points) and some CJ (not large amount) and HOD the oil short.  I got out of HOD though just abit earlier (VERY DUMB MISATKE)  I didnt think I needed the oil short as back up anymore.  HOD ended up going to 33 dollars...would have had 210k.. 

I sold some silver and I started trading again this week.  Grabbed YGR each day, some CJ and I have bought some HOD today....just in case some mutant strain of covid happens.  I need some insurance for a black swan event.  Eventually I dont want to have any HOD. If YGR hits 1.20 I will abandon HOD for good.

I do have some more capital ready in case YGR drops to 80 which it can on a slow trading day.
Trading volume in YGR still isnt great.



Kavern23, you had been off the SH boards for over 10 months. Can I ask why?
Kherson

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