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NORTHERN BLIZZARD RESOURCES INC T.NBZ

"Northern Blizzard Resources Inc is engaged in the exploration, acquisition, development and production of petroleum and natural gas reserves in western Canada."


TSX:NBZ - Post by User

Post by TonyDjon Oct 18, 2016 9:23pm
178 Views
Post# 25358725

Keep collecting the dividend.2017 looking Good.

Keep collecting the dividend.2017 looking Good.I can't wait till the dididend goes back up to 0.08 cents. It was there before.Oil stocks are being drawn down- maybe not as fast as everyone would like but its happening. Oil is projected to hit $60 WTI by 2018.My feling this will happen in 2017 as Saudi Arabia is not gaining as much market share as it thought and is burning through its savings faster than it thought.Saudis want to Float their IPO - in order for it to be successful it needs higher prices. My thoughts are at least $60. Saudis buying military vehicles from Canada- funding their welfare state and 2 wars inYemen and Syria. Saudis and US tried to bankrupt Russia but its not going to work this time as Putin is making deals with China,Iran and India. The cure for low oil prices is low oil prices.Anyway my point is thaOil prices are heading higher and that is good news for NBZ shareholders.
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