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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 > Now that we are already 5% below
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Post by captaincanada16 on Feb 07, 2017 12:05pm

Now that we are already 5% below

Friday's buy back price, what is management plan to do to increase shareholder value. The buyback hasn't worked and the rejection of the external bid hasn't worked.
Comment by xbox360 on Feb 08, 2017 4:08am
No plan, they don't care. They only want to keep their job at the company. So as long as the company eats away shareholder money and does not go bankrupt, that's what their plan is. I do not understand why the external bid, important to the shareholder, was not announced until after it expired. Can they justify that they did it for the benefit of the shareholder because they wanted to ...more  
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