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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 Hendrick3on Sep 27, 2022 8:15am
147 Views
Post# 34988749

RE:RE:RE:August Production

RE:RE:RE:August ProductionWaiting for OBE and CJ to become bell weathers for when to buy YGR may be deceptive and cause you to miss out on a great buying opportunity in YGR. OBE has Loukas insider buying on dips regularly and CJ has a 10%+ dividend at these prices. No insider buying on YGR (which is a mystery to me) and no dividend means that in these short term crashes, there is no support. YGR has a larger short position than most (possibly because of these factors) and so when the find their bottom, they will likely rise very quickly aided by short covering.  All to say don't miss a great buying opportunity in this stock trying to get the absolute bottom. This is trading at around 1x cash flow. What else is there to discuss?
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