Yangarra Resources Ltd T.YGR

They need more I.R. effort or outreach.

[pennydredful]

Recently   I  listened  to  podcasts   by   Paul  Colborne  of   Surge   and   Don  Simmons  of  Hemisphere   .  If   you  say  nothing people  assume you have  nothing   good to say   ----a   reasonable assumption.   and/   or      hire    a    US   based   firm  to  write  an independent research  report  on YGR     that   would   generally   would   be available  but   the hope   would  be   that  it   would   draw   in   more US   based   investors   where   coverage   on YGR  may be   thin.

[Hendrick3]

Good point Penny. This is one area of disagreement between management and I. Management does not want to be seen as hyping the stock. They don't play the under promise over deliver game. The promise what they honestly think they can do. They even cited Colborne as an over promoter who they don't want to emulate. Personally I think everyone over promotes their stock and that ygr might as

[kavern23]

 No amount of promotion is going to alter mindset of some of retail shareholders left in this junior game. In certain companies, old mature fields that have like 400 plus wells producing 1000 boe are just not profitable right now. Not every 1k boe of production has remotely same cash flow right now. Remember lots of the pre 2005 vertical wells are so spread out with vertical wells and have

[kavern23]

I also wish I understood them well inactive from 'producing' well...works with the eub regulators, etc. do companies have an incentive to run border line economic dry ng wells so that the wells don't count as inactive wells for the aro liability calculation? somerhimg to think about.

[pennydredful]

Surge   have  some of  their  older assets  ---- now  non   core  available  for sale  

[Helloworld]

I don't think they require anymore IR outreach at this point.  Just hit the debt target and go full throttle on buyback. If they can maintain a 15 million Capex and 25 million ffo on a quarterly basis they could hit the 80 million debt target in Q4. They could then complete a 10% buyback in a quarter. Starting low for share price would aid in reducing share count before price becomes