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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 pennydredfulon Nov 16, 2023 5:17am
90 Views
Post# 35738439

RE:Predictions for fun

RE:Predictions for funMany years  ago  , a shell company  made  an offer  to buy multiple low end oil companies all  at  once via share exchange since of course it had no cash. One  attraction was that  those  that accepted the offer would realize  a tax  loss  and  by and large  most of  the shareholders  were losing money. There was  a big  "too doo" about  this  at the time  and   the  regulators  stepped  in  and put  a stop to it . The   offer  was  unconditional  in   that  all  shares   would be taken  up  irrespective of   the number tendered .   You  would  have  to  be  pretty  old  and  have  a good  memory  to remember  this  as  could   date   back   40-50   years.   Candidates   today  would  be those  involved  in past  merger  activity   like   Surge   ,  Whitecap  ,  TOU   ------------------------smaller   cap    Tenth  Ave  Pete   ,  Hemisphere   
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