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.

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Yangarra Resources Ltd > After yesterdays nightmare...looks like a good start

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Comment by kavern23on Mar 24, 2021 12:13pm

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Post# 32866718

RE:After yesterdays nightmare...looks like a good start

Yeah yesterday was a strange trading day in YGR.

When it dipped to 1.04 yesterday...it was so fast and brief that I couldnt even see the broker that bought and sold those prices at 1.04...
I wanted in for more but f*ck it was fast.

The more recent shorts likely started covering at 1.04. Bids to 1.10 formed yesterday formed very fast when that block got market sold.

The one postive with the high YGR short count is they have to buy back and they likely give YGR a 95-1.00 dollar min range if oil happened to tank to 55.

I don't think oil will tank. Oil will be choppy but I think it hold above 60 bucks and that is what YGR needs.

We have alot of fresh wells and this bump back up in WTI is BEAUTIFUL!