Value investing is at its core the marriage of a contrarian streak and a calculator." - Seth Klarman
Investment Thesis
Insiders are buying Yangarra Resources Ltd. (YGRAF) (TSE:YGR) stock. Yangarra's operating cash flow is growing rapidly in spite of the low price of crude oil and large Canadian differentials in 2018. The company is expecting to become free cash flow positive in 2019. It's a low-cost producer among its peers and the balance sheet is solid. It has grown proven and probable reserves rapidly. The stock could become a multi-bagger as Canadian oil