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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 Flush11on Mar 07, 2023 12:46pm
149 Views
Post# 35323956

RE:Timing is suspect

RE:Timing is suspect
Now thinking this is even more negative than I did last night Kav. 

Disclosure has been an issue for a long time, obviously not to the point of being a legal issue, but it calls into question management behaviour.

I understand big companies not disclosing well by well, sand bagging the market with big strategic buys etc. because you can't negotiate in public -  but really for a little company like YGR it is disappointing.

It probably would have been better if there was a bigger share issue that accomplished some real goal like a partial recap or an acquisition. This death by a 1000 misses is credibility destroying. 

I am still out of the stock.  We will see tonight if my other Cardium stock fares any better. BNE releases after market close. Hopefully business as usual with them and no big surprises like this.
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