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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 > Going Down Down Down
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Comment by TheRexmemberon Aug 15, 2023 11:04pm
127 Views
Post# 35590308

RE:RE:RE:RE:RE:RE:RE:Going Down Down Down

RE:RE:RE:RE:RE:RE:RE:Going Down Down Down

Trying to be optimistic in the market this week is like jumping off a hotel roof during a fire and yelling so far so good. 

The two things IPO has going for it is a meaningful oil cut -not ngl- and only 40 million in debt.  They have a lot more flexibility than most companies their size.

YGR is obviously far cheaper and probably has way more momentum going into the back half. 

Guess we will see what fcf looks like shortly. 

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