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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

Post by kavern23on Jan 05, 2022 2:01pm
163 Views
Post# 34286083

YGR Market Cap

YGR Market CapYGR should have a market cap of over 200m right now if the market is valuing IPO at an over 200m market.

YGR is so less risky to buy right now then IPO as IPO has so much future good news priced in already.  People are buying IPO for past...and not future in my view.
Those 6 good locations are done.  

It's not that I am saying IPO is going to fail...it will good up with strong commodity market but YGR has more torque in 2022.

Having CF over 30M a quarter is so huge for YGR even in ability to buy land...let alone frac.

YGR having capital is exciting as I think have learned.
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