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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

Comment by taman1on Feb 26, 2016 6:56pm
233 Views
Post# 24600541

RE:RE: Share Price

RE:RE: Share PriceYeah looks like .. WCP was trading below 6.75, at some stage even below CJ, until a day or two before the announcement of the 6.90 deal, it shot up to above 7 ...most probably a deal at 3.65 or thereabouts and then above 4.00 after that as oil appears to steady at $33 and heading towards $40 as oversupply over demand in the big picture is just a million barrels, a mishap or natural increase in demand in the large developing economies will absorb excess like a sponge and NBZ with their solid hedges and tight float it can go up to 4.50 in a heartbeat ... it was 4.20 a few weeks back ...Cheers
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