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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 > Management have lost its 'Mojo'
View:
Post by mukh6 on Jul 29, 2021 6:06am

Management have lost its 'Mojo'

Time to move on after their lacklustre Q2 release. There are better plays elsewhere in the sector. For me it remains uninvestable with their high debt level unless someone fancies taking out YGR for under $1.50
Comment by Druchii on Jul 29, 2021 7:21am
Guess you didn't notice all the new wells coming in Q3? It's going to be a firecracker 
Comment by Kramerkarma on Jul 29, 2021 9:05am
I would encourage you to look back 9/10 pages to my comparisons and I have a quote there of me kavern and imaingeneer from 10 more pages back . My argument : drilling is stated cheaper than presentation. I've held this argument since late 2018. The issue is not getting enough oil per well on a ongoing basis... so with high prices they can let decline and use FCF to pay down debt OR go low ...more  
Yangarra Resources Ltd