Yangarra Resources Ltd T.YGR

Liquidity?

[margaritaman]

Absolute lack of interest in YGR is evident given the recent volume. Zero confidence in the management team which is warranted. Can't pull the plug without sinking the ship. Guess I'll have to ride this out. Can't win them all.

[cfliesser]

yep absolutely. But eventually money will flow into these small cap stocks. The rising tide will lift all boats.

[Helloworld]

Unfortunately tide has been rising for a while. Yangarra is not in a boat and hence has underperformed the sector by 50% this year. And underperformed by over 80% on a 5 year basis.  Bravo management team! 4 years of missed guidance and revisions lower but smart enough to switch from options to rsus.  Unfortunately no large investors so nobody gets held accountable. Ironic. Jim loves

[TheRexmember]

That's my best guess too cliff.  Mutual funds and ETFs buying has been weak, so maybe buybacks and the occasional acquisition start squeezing over all sector prices up. How often is it this accretive to buy back stock?  There is more than one way to grow production per share.   

[TheRexmember]

I think Q3 should tell you where it's going MM. The Peters presentation suggests they have some ding momentum now. But if all the tie-ins don't move the production needle in Q3 then when will they?  luck.