RE:RE:RE:RE:NibblerBinkie...YGR has features over peers that is hard too value....that being the reclaimation structure of YGR.
If anything likely is too get announced negatively by the federal gov that will effect canadian stocks it will be new regulations speeding up reclaimation spend. YGR wont get crushed in this situation.
IPO isnt so great here for ex as new rules could easily require more short cf spent on reclaim.
BC government recently announced the elmination of new well royalty rate in BC....being grandfathered in.
Long oil and ng are high....the more government risk increases on new regulations being passed to get a piece of the wind fall revenues.
Oil and gas companies are for sure a target for gov looking for money.
And from a citzen perspective the spend per year should be higher for many companies.
Inflation on reclaimation as well right now.
YGR gets value for being safe...or it should be getting some value for this.
Ygr is sheltered little company with low operating costs and low reclaim...that should make it safer.
The debt level for sure has been a huge roadblock in YGR valuation. near 200m before was just way too high.
Almost June. Debt level metrics are just getting better each week.
Binkie wrote: Which peers are way outperforming YGR Hungus? What valuation methods are you using? I have a solid position here but took some profits on a few others recently with the intent of buying more VET but it's jumped this week so im waiting and looking.
Thanks