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Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

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 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

Yangarra Resources Ltd > API
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Comment by stockfyon Feb 20, 2021 5:41am
101 Views
Post# 32617776

RE:RE:RE:RE:RE:RE:RE:RE:API

RE:RE:RE:RE:RE:RE:RE:RE:APII did not say that management team did something wrong. The debt was unavoidable. However, the end result is that YGR has high debt now and this debt must go down. This will keep many prudent investors away from YGR.

CQE, DEE recently filed for bankruptcy due to their high leverage.
PONY was bought out at a low price by CNQ due to its high leverage. 


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