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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 xbox360on Oct 14, 2016 11:26am
146 Views
Post# 25343703

RE:Just sent an email to NBZ

RE:Just sent an email to NBZ The stock is already having liquidity problems, or not enough public shares for trading. I'd say there is liquidity discount factored in on the stock price. It is hard to day trade or buy large chunk of shares on a given day. I think the dilution is probably good for the company. They are raising more money at the current share price, as long as someone didn't buy the stock when it was close to $10 then it should be fine.
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