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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 Dec 07, 2024 3:14pm
89 Views
Post# 36351175

RE:RE:Cue The HelloWorld Post of Regret : )

RE:RE:Cue The HelloWorld Post of Regret : )With all due respect and I mean this poltely but what did you expect Helloworld?

Market conditions are brutal right now. A person doesnt have to be invested at all times...have and build up capital to have when sector always hits the "bottom".

I don't think we are at bottom of cycle until oil prices are lower and quite frankly...some companies will go broke or be forced to merge in 2025.

As long as OPEC is delaying putting putting production back on market...these juniors are going to have lots of trouble getting upwards share price traction.

Whether you manage OBE or YGR...it is easy to see why they have 3 and 5 year plans and they have to stay the course and drill if they can.

Not drilling is when these juniors hit a crisis which cough cough is IPO and BNE right now and time is not on there side.

YGR is at least somewhat safe to ride this out but lots more in western canada is going to fall out.
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