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Bullboard - Stock Discussion Forum 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 Discussion

NORTHERN BLIZZARD RESOURCES INC > BOC wants to crash CDN dollar. Rates on Hold till 2018/19
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Post by TonyDj on Oct 19, 2016 12:24pm

BOC wants to crash CDN dollar. Rates on Hold till 2018/19

The only bright spot right now is oil. We are going to see more Oil drawdowns. We could be at $55-$60 WTI by year end. I agree 0.04 cent divi is safe at these levels and we would have to see $80-$90 for the 0.08 cent increase. This company can grow production now at these levels.We are seeing the turnaround and the stock price is cheap. We are in a show me phase right now where so called analysts want to see NBZ perform. Things will get interesting come next quarterly meeting. I wonder what the Mason Granger and Nuttall will say then. Sustainable dividend,growing production/paying off debt and solid Hedges as well as plenty of acreage. I cannot find another junior  company that is in better shape. Also, the Sask gov't is O&G friendly.
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