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Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

Energy Oil & Gas E&P
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

Yangarra Resources Ltd > Shorts Gone
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Comment by Hendrick3on Apr 10, 2023 8:01am
117 Views
Post# 35386288

RE:Shorts Gone

RE:Shorts GoneI am sorry to hear the shorts covered profitably. This company has an enterprise value below 25,000 per flowing barrel, 45% of NAV PDP reserves, less than 1x 2022 FFO per share so understandable the shorts would vacate. Just a matter of time but we will get a meaningful bump up when fundamentals matter again. 
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Dealroom for high-potential pre-IPO opportunities