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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

Post by uogradon Sep 12, 2016 10:01pm
139 Views
Post# 25230338

Reality is dividend needs to be cut in half, DRIP ended

Reality is dividend needs to be cut in half, DRIP ended
Way too much dilution going out at these rock bottom prices.  Dividend right now is over 12% so that is retarded in this market.

If they cut the dividend to .02 per share and kill the drip they have a chance otherwise this will continue to slide.

Volume is low because there are just no buyers so the least little thing that triggers selling will cause this to drop fast and hard.
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