NORTHERN BLIZZARD RESOURCES INC T.NBZ

solid numbers for sure

[uograd]

If you are going to own an oil stock this is the one to have.  Dividend is safe, payout ratio would be about 70% if they did not have a DRIP but most people use DRIP so that is a built in private placement of cash every month.

Hedges look good, they say 70% of their production is profitable at $30 bucks WTI so that is good.

They have been lowering their costs very well and have $30 million in cash and no debt other than  a debenture with no covenants that is not due until 2022.

Like i said if you are going to own an oil stock this is the one.

[Bennys65]

Being carefull not to over promise on Plover.Company says they are on track,like what they see but are being cautious and not in a hurray.Scotia says any A D will act as catalyst .Company said in their conference call sept will be an interesting month for AD.Hope that means they have someone in the crosshairs.Nice to see 30 mill sitting in cash.In he conference call it was said production up at

[DoubleDoubleUp]

What does AD stand for here?

[Bennys65]

Investment speak for buying or selling assets.People have been expecting Nbz to pull the trigger on something and are beginning to wonder if it will happen.The right purchase at the right metrics could move the stock.Look to birchcliff  buy from encana