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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 19, 2016 12:01pm
101 Views
Post# 25361017

RE:RE:Keep collecting the dividend.2017 looking Good.

RE:RE:Keep collecting the dividend.2017 looking Good.If the price stays the same, I am at least getting 13% return every year or 1%+ return every month. I will most likely invest my income on nbz if price stays the same while the oil price future looks positive.

No need for dividend increase to 8 cents per share, company should use the money to pay back the debt for now. When oil reaches 80-90 and nbz share price goes close to 10 dollars, that is when the dividend increase would be beneficial.
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