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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 Nov 17, 2016 4:18pm
186 Views
Post# 25477389

Good Volume today.

Good Volume today.The last 15 minutes of trading today was interesting. 35K shares traded in this short time frame. I think were finally getting noticed. I can't see there being a lot of sellers at these prices as we are not far off the 52 week low, why bother. Also we are holding onto this mid 40's range pretty strongly. The next quarter results should be interesting - 6 more wells to be drilled. If next year we see an additional 40-50 wells drilled and $50 WTI the cash flow will be positive again to keep growing production. We should be over the 20K bpd mark.
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