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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 Spos01on Oct 13, 2023 2:13pm
75 Views
Post# 35682702

RE:RE:RE:RE:RE:RE:Forecast

RE:RE:RE:RE:RE:RE:ForecastI completely agree with you on EV/Infrastructure topic. I live in Quebec and constantly hear our government beat their chest about how quebecers rely 100% on Hyrdo Quebec, that they can supply all our needs. Yet we get a couple of rainy days in January and 50% of the electrical infrastructure goes down for days.

So call me skeptical that in addition to trying to meet our daily needs, that Hydro will be able to handle the situation when 25-30% of the cars on the road are EV's.  Still going to take many years for that to happen.

In QC, we are fortunate tp have Hydro Quebec, how are other provinces such as Ontario that don't have a Hydro Quebec type company going to manage? It will be even longer. It may take them another decade before they have the infrastructure to handle 25-30% EV's on the road.
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