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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (26576)3/8/2017 7:02:40 PM
From: Goose94Respond to of 203020
 
YGR-T new 52 week high, $2.85



To: Goose94 who wrote (26576)4/6/2017 7:20:09 PM
From: Goose94Read Replies (1) | Respond to of 203020
 
Yangarra Resources (YGR-T) new 52 week high, $2.93



To: Goose94 who wrote (26576)5/25/2017 8:32:29 PM
From: Goose94Read Replies (2) | Respond to of 203020
 
Yangarra Resources (YGR-T) top pick from Peter Imhof on BNN.ca Market Call Thursday May 25th @ 1300ET

Yangarra is an oil-and-gas producer in west-central Alberta. Its conservative management team has built a great company that will show exceptional growth in 2017. During most of 2016 the company decided not to drill, as oil prices were low. It focused instead on acquiring lands and working on their drilling techniques. Yangarra produced approximately only 2,900 barrels of oil equivalent (BOE) last year and has steadily grown its production to 6000 BOE.

The last few wells they’ve drilled have come on very strong, and over the coming months we should hear about other wells that are going to be drilled soon. Yangarra’s cash flow and production should move up dramatically over the course of 2017 and will outpace that of any other junior oil-and-gas company in Canada. The market cap has steadily moved up but the valuation has still remained somewhat constant as the production and cash flow numbers have moved up. It is one that is hard to ignore as analyst numbers continue to be revised higher.