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Bullboard - Stock Discussion Forum 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... see more

TSX:YGR - Post Discussion

Yangarra Resources Ltd > 570k more shorts added
View:
Post by JAYDEE16 on Mar 19, 2021 11:32am

570k more shorts added

That could help the squeeze potential here. Crude needs to stay above 60$.
Comment by Backinblack1000 on Mar 19, 2021 11:48am
This post has been removed in accordance with Community Policy
Comment by kavern23 on Mar 19, 2021 2:16pm
I am glad the short count increased... I watch market depth very closely and during this week a few times I will see a sell order for 50,000 and I think that is the shorter.
Comment by kavern23 on Mar 19, 2021 2:24pm
I think YGR needs WTi at 58 and above to really rock and roll. 58 WTI is about 68-69 in CAD dollars...new wells rock and roll at that. Even 65 Cad is okay....even above 55 WTI. Right now oil is 73-74 Cad...that is lovely...we just need more days to pass but we are making gains. YGR should have that 5 really strong Cheddar wells tied in and producing right now. 2 should still be well above 100 ...more  
Comment by JAYDEE16 on Mar 19, 2021 2:39pm
thanks for the insight , Yes im happy the short count increased as well. If we trade back above 1.35 we will move easily to 1.50+
Comment by kavern23 on Mar 19, 2021 3:29pm
This guy is playing such a game right now...he had 50k for sale at 1.23 earlier...then like 1.25 and now 1.28....anyone selling normally wouldnt be doing this...he keeps moving it up as shares are chewed though. Like why the move up? 1.280 60200 6 Buying depth is fairly strong in YGR
Yangarra Resources Ltd