NORTHERN BLIZZARD RESOURCES INC T.NBZ

Keep collecting the dividend.2017 looking Good.

[TonyDj]

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.

[Mickey2]

thats what i do...i keep collecting the dividend every month...Thank you very much...however i dont think NBZ will go back to 8c divi anytime soon.  I would expect 80-90 oil before we get back to 8c a share divi.

[xbox360]

If the price stays the same, I am at least getting 13% return every year or 1%+ return every month. I will most likely invest my income on nbz if price stays the same while the oil price future looks positive. No need for dividend increase to 8 cents per share, company should use the money to pay back the debt for now. When oil reaches 80-90 and nbz share price goes close to 10 dollars, that is

[tvstock]

https://www.northernblizzard.com/uploads/Documents/nbri-2016-sep-presentation.pdf p.8     bottom ---- Funds from operations includes estimated hedging gains of $85 million (at US$44.86/bbl WTI), $129 million (at US$35/bbl) and $43 million (at US$55/bbl). ---- Without any increase in production  (Plover is not counted to the  best of my kowledge), and no other efficiency

[tvstock]

Sorry I mean at WTI 55, missing that. With hedges in place and DRIP , the sustainability is much much better , of course.  Even with the DRIP in place they can buyback what paid out as DRIP shares in the public market to offset the dilution, IMO.