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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 pennydredfulon Aug 11, 2022 12:04pm
109 Views
Post# 34888553

RE:Ygr outperformed IPO

RE:Ygr outperformed IPOOne  way  to  break  the shorts  is  to  remove  their  ability   to   borrow  stock  .   They   borrow  stock   from  either  brokers  that  lend  stock  out   of  margin  accounts ( yours  and mine etc.)  as   this is  in  the  fine print  of margin  agreement  forms  that  they  are permitted  to  do  this  ------which they charge   fees   that  they   pocket.   Or    they  borrow  from  institutional   accounts   who   generally   would  lend   through  their   custodian. As  the custodians  usually  do  the grunt  work   they   receive  part   of  the fees. In    YGRs   case   it   may  have   few  institutional  holders   leaving   margin   accounts   as   the  primary   borrowing  source  .  This    could  be   blocked   or    the  shorts   could  have   the  shares   recalled  by  the owner  if    1.   they  register   the  shares    in  their   name   or   what  is  likely  cheaper    is  simply  move  the shares   to   a  cash   account from   their   margin  account  .  Shares   in  registered   accounts   cannot   be  lent    out  . 
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