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

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TSX:YGR - Post Discussion

Yangarra Resources Ltd > YGR Market Cap

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Post by kavern23 on Jan 05, 2022 2:01pm

YGR Market Cap

YGR should have a market cap of over 200m right now if the market is valuing IPO at an over 200m market.

YGR is so less risky to buy right now then IPO as IPO has so much future good news priced in already. People are buying IPO for past...and not future in my view.
Those 6 good locations are done.

It's not that I am saying IPO is going to fail...it will good up with strong commodity market but YGR has more torque in 2022.

Having CF over 30M a quarter is so huge for YGR even in ability to buy land...let alone frac.

YGR having capital is exciting as I think have learned.

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Comment by Overertune on Jan 05, 2022 5:18pm

But, isn't CF before capex? I remember their FCF isn't much.

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Comment by kavern23 on Jan 06, 2022 12:23am

Overertune, if YGR had good FCF in 2021...do you think people would have had the opportunity to buy shares at 1.45 or 1.55 or 1.65 in last while 2021 FCF is already discounted into the share price. Is what it is. The new west ferrier wells matter not first half of 2021 drilling which has been discussed. Today sure showed how when Fed mins were announced...small funds stopped buying and YGR ...more

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