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Bullboard - Stock Discussion Forum Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

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 > Q4 expected 1 Feb?
View:
Post by Westboro1 on Jan 24, 2023 11:13am

Q4 expected 1 Feb?

Should be movement in the stock up to then
Comment by Helloworld on Jan 24, 2023 3:55pm
Definitely getting a lot of movement daily on the stock. One of the biggest movers again today.
Comment by Westboro1 on Jan 24, 2023 6:17pm
Unfortunately in the wrong direction. Professional or institutional traders drop it down and then let it run at the next q report.   All juniors are flatlinjng despite great cash flow and debt reduction 
Comment by kavern23 on Jan 24, 2023 6:23pm
Hard market right now...every economic indicator from the USA economy is flashing a recession is here or near.  Unemployment rate is next to crash. Oil at over 80 is luck right now. Yangarra will be fine but a storm is coming likely to the markets. going to be hard for CHINA to power the energy markets if USA economy is sick.
Comment by Westboro1 on Jan 24, 2023 7:34pm
I think USA is in a recession like us but structural elements like lack of workers- rhise under 50 are not having chuldren persist.  Huge personal savings in China, pent up demand in the west....just the texh froth coming off the top. Every day oil consumption increases and interest rates are alomst topped and inflation is coming down..... once us and canada rates stop going up ...the bull ...more  
Comment by kavern23 on Jan 24, 2023 7:37pm
This whole temp run on oil has been on china. Do you think the Chinese citizen will spend? Culture is different, not like North America in which citizens are addicted to debt.
Comment by cfliesser on Jan 24, 2023 7:53pm
Everything right now is pointing to a shallow recession.  Job market is strong because labour participation dropped.  Why? Because baby boomers finally retired, en masse. Can never have a bad recession if job markets are strong. I don't see companies laying off a lot when labour markets are fairly tight. A lot of risk to lay off if you cant hire back easily. So unemployment will ...more  
Comment by cfliesser on Jan 24, 2023 7:57pm
Important to note it is NOT 2008. Not even close. And look at what happened to oil demand in 2008... Didn't drop that much. This will be even less. Remember that oil demand in Western countries probably will drop and may have already peaked tbh. But our economies don't matter anymore for demand growth. Look to India and Asia, they have a lot of growth left before their standard of ...more  
Comment by Westboro1 on Jan 24, 2023 10:22pm
Right on. Asia, MENA will drive future growth as the west declines 
Comment by Westboro1 on Jan 24, 2023 10:17pm
I think....like the others are saying on this board...it will be a shallow recession.  I have noted the drama has toned down on the business media.  China is a factor but so is India and its growth and power is accelerating.  We have to looknat the world economy not only through the China lens aalthough they are a driver. Demand for housing, demand for health care, high immigration ...more  
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