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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 Bennys65on Oct 07, 2016 5:57am
211 Views
Post# 25321205

RE:We could be looking at $ 55 WTI by the end of November.

RE:We could be looking at $ 55 WTI by the end of November.In the past I was a big supporter of nbz stock.Low bank debt,good properties,big div,low decline and the optionality of plover coming on with the possibility of a transformational deal in the patch.Whats not to like.Today looking at company info it appears that plover is not working.Not dead but on life support.The window for a deal is closing or is closed,Rumour has it we took a big swing and missed on a large number deal.My guess and it is a guess it was the husky assets.Our big div is actuality hurting us as it is seen as too dilutive.So in an upside down world  the stock will go up when they cut the div.Welcome to the oil patch.
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