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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 margaritamanon Nov 21, 2023 4:15pm
122 Views
Post# 35747180

RE:80 Million

RE:80 Million No idea if this is set in stone or not and anyone on this board that suggests they know is, well how to they say it "misguided". I believe they stay the course and get to $80M then look at an NCIB or divi. Could be a few painful quarters if your looking for a quick buck. Bought into YGR as a low cost producer that could grow production through the drill bit while lowering debt and eventually generating a return on capital to investors. This will not be an easy company to hold but if you can weather the storm you will be well rewarded. 
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