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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 Jan 25, 2024 4:56pm
116 Views
Post# 35845933

RE:RE:RE:Lvl 2

RE:RE:RE:Lvl 2Sorry to be so dense but who is this they you are thinking wants to knock the stock price below a $1. What is in it for "they".  Just because they can isn't a reason that makes sense. They would need a financial motivation and as I said, anyone who thinks this is an easy short May get hurt pretty badly. I can see huge selling pressure coming out if the reserves are a disaster or if they start going negative cash but I don't think those selling would be trying to crater the price, they would be trying to get as high a stock price as possible. 
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