Yangarra Resources Ltd T.YGR

Yangarra Doesn't Sell Oil?

[Helloworld]

Very frustrating..

Oil up almost $7 since Monday. 

Stocks soaring. 

PRQ trading at $1.50. 

And YGR is down..

[Hendrick3]

I have noticed that Yangarra tends to trade relatively better when oil prices are down because it's a safer bet than declining oil stocks in a time of rapid descent. In a time of climbing oil Prices Yangarra tends to languish because people are cashing it out and taking the money and investing in more volatile oil stocks. Much of this would be moot if Yara had reasonable liquidity, but it

[Helloworld]

Well.. oil price rally continues and YGR down another penny.  Getting ridiculous here.. $10 oil jump and oil stock down.  And no Kavern. It is not the sector not believing in the oil price rally. Almost every name out there up 10 - 20% in same time period YGR down a few percent. 

[margaritaman]

Buy low sell high!

[margaritaman]

On a positive note, Jim had a fantastic trip down south. Bagged some really nice tuna! I hear he's having all the long suffering YGR investors over for some well deserved sashemi. 

[Hendrick3]

Bought some on this dip. Very cheap but not exactly building confidence for YGR shareholders. 

[kavern23]

How so Helloworld...Inplay is down 3 cents today, Bne is up 1 cent, Petrus is down today....none of cardium juniors are thriving this fall. Before this middle east oil bump...BNE, IPO and YGR were all facing 52 week lows all the time. Even with a 10 dolla oil jump...no iran oil offline.  Oil just has gained a large hedge fund spec position again...not a long term rally based on oil demand

[Helloworld]

Last 5 days.  YGR down 2% BNE up 9% IPO up 6%  PRQ up 5%. 

[kavern23]

And Bne was 6.83 in April 2024...5 days isnt a trend.... The trend is the market has concerns on anyone in the cardium with future commodity prices for 2025.

[margaritaman]

You need volume to get price movement, up or down. No new money coming in while long term holders are not willling to sell at tese prices. An real volume al all, sell side or buy side , will move the stock significantly. My paltry holding alone could sink YGR to 90 cents if I decide I've seen enough.