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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 kavern23on Aug 03, 2024 12:32am
118 Views
Post# 36162423

RE:RE:RE:$1

RE:RE:RE:$1

Hello world why would you say bankers and management make money on this stock?

maangement doesn't have one advantage we small retail in we can buy and sell and time the market. 

Management have to ride the dips in commoditie prices and marker conditions and always hold stock and not trade it much. Never a good look if management has to sell.

Waited for a market drop this long and fun may be around corner. 

And market is killing obsidian energy due to so much capital they are spending in an uncertain market.
be very bad news for Obe if oil ever went under 70.
I think Obe would be at 6 bucks at some point if oil tanker under 70.
sure I like Obe plan but lots of these companies are not cheap.

Payback on new wells gets so bloody long at 65 oil and 1.25 aeco.


ygr should hold over 1 dollar as long as oil holds over 68 and it should. 

novody knows on oil. My view 70-77 range until nov with bigger chance of downside to that.

China oil demand is a big problem right now. Hard for Iran to do anything to cause oil to spike as China will pull back buying even more. Russia and Iran cause if sanction need China more than China needs them right now. 

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