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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 pppon Jun 08, 2021 12:04pm
81 Views
Post# 33348024

RE:Shorts...

RE:Shorts...The shorts are just playing the hand they are dealt. IMO management is loading that hand. The problem with these guys is, they don't use their listing to their advantage. With the right NR the share price could be at 2. At  that point they could do an issue and get their debt down to 150 mil. This would allow them to spend all CF on production. moving the share price up,  win win.

We have some of the best NG and oil prices in a long time and these guys are dropping the ball again. Thats why I find it hard to blame the shorts.
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