Yangarra Resources Ltd T.YGR

Shorts keeping things in check

[margaritaman]

Hope management has something good to say or shorts will keep YGR well below fair market value.

[Backinblack1000]

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[stockfy]

I think we are all waiting for some drilling results....I think this is the key here given that the underlying commodity helps...  

[margaritaman]

Well like they say Hope is a girl's name not a strategy.  So much for management coming through. Not sure how they plan to reach 13,000 bpd when the MD&A  indicates 17 wells in 2021 as opposed to the 20 needed to reach the 13,000 level. Shorts are having a ball with this one!

[Backinblack1000]

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[margaritaman]

At the very least they could be consistant in their messaging in the MD&A and the Corporate Presentaion. 17 wells or 20 which is it? You can be in the shallow end of the pool and get that much right!

[BadShituation]

As if the shorts werent suprised by OPEC decision this week. Your buddys the shorts will impress me if they have added for the next report.

[margaritaman]

What? No video this time? Maybe a little Air Supply or Wham just to keep it lite on a Friday. Cheers!

[Backinblack1000]

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[kavern23]

Bro....they did explain their plans...just need to read the details and research.... From press release "If commodity prices maintain current levels, Yangarra expects to keep one rig fully utilized for the year." That should tell you things are in flux based on commoddity prices. And they said 17 wells and the reason why it is 20 wells on the presentation is YGR had 3 wells drilled in