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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 Hendrick3on Dec 14, 2023 4:30pm
109 Views
Post# 35785463

RE:RE:What a Beatdown

RE:RE:What a BeatdownIt's going to be ugly into year end. I know a person who just started buying this stock a few weeks ago. He sold 90k shares on the pink sheets today recognizing the loss before year end probably never to return to this name. We need to turn the page on tax loss selling and hope for some good news in 2024. Maybe a 10 week record cold snap can turn this around. When a stock gets down like this everybody's goal is to get their money back and with all the recent buyers there may be regular sell offs all the way back to $2.50. In a thin institutionally held sector pissing off your investor base such that they sell and don't come back could mean a long wait to anything near normal. All that said a few pieces of good news could do wonders. 
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