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Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

Energy Oil & Gas E&P
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

Yangarra Resources Ltd > ...someone is excited on Twitter X
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Comment by Hendrick3on Dec 13, 2024 5:31pm
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Post# 36361885

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:...someone is excited on Twitter X

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:...someone is excited on Twitter X

The short answer is no. An analogy. If you bought a house for $500k with a $400k mortgage and the next day are offered $600k, you have a rate of return of 100%. In your analysis you are saying the rate of return is 20% but that is incorrect. You have doubled your money. 

 

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