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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 > No Volume. No Interest. Just Bleeding Out.
View:
Post by Helloworld on Apr 27, 2023 6:00pm

No Volume. No Interest. Just Bleeding Out.

Q1 results out and this does 80k in volume.

Underperforms on the day like most days this year and back to essentially 52 week low.

Down 38% on the year.

What a nightmare. 

Will we ever see $2 again? $3 seems like a pipe dream. I keep thinking downside is limited but I thought that at $2.10 after the pp and sure was proven wrong on that. 

Hoping this attracts some takeover interest.
Comment by Hendrick3 on Apr 27, 2023 6:26pm
Sure is frustrating. Management did a magnificent job outlining the value gap in the freshly released presentation on their website. If we were anywhere near average valuation metrics, we would be over double the current price. The problem is that there is no interest in this stock no matter how cheap. The facts support huge upside but if no one reads the presentations and reports, there is no ...more  
Comment by Overertune on Apr 27, 2023 6:43pm
It is good for someone like me, who is looking for high and sustainable dividends.  I don't mind holding one year since I expect to get >20% for over 10 years once they reach 80m target.
Comment by Hendrick3 on Apr 27, 2023 7:21pm
I love your positivity. A good reminder to all of us. 
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