Replies to post #9620 on Value Microcaps Junior Energy

[Bobwins]

Could take some time. CFO said they don't issue a lot of PR's. Should be a mid qtr production update in late Oct. and then Q3 in late November. Q3 should be an eye opener for many.

Coming from a low netback gas producer to a 50/50 producer usually takes a long time so Yangarra will have to keep repeating success to gain support. The thing that I like the most is the huge inventory. Juniors typically have a nice play for a few drill holes and then they have to start scrambling to find more land with equivalent quality prospects. Yangarra has over 80 sections! And some of that land has multiple prospective sands so they may have more than 5 years if they drill multiple formations on the same acreage.

Also I like the balance and the fact that Yangarra can switch back to gas if the price turns up. They have land they aren't counting in inventory because it's currently uneconomic to drill for dry gas.

Yangarra should be a nice medium term buy and mold!