NORTHERN BLIZZARD RESOURCES INC T.NBZ

Cratering

[iousquat]

Why is this stock cratering? Just the price of oil? Makes no sense given the hedging they've done as well as the good financial position they have maintained through this downturn. Most O&G firms would kill for their numbers and performance.

Thoughts?

IOUSQUAT

[UppersDowners]

well I would say it is a low volume bring down and I expect by the end of the day we should be green or close to it.  With our hedging we should be a lot higher for sure. Hard to figure these markets sometimes.

[iousquat]

I figured the same as well. Thx

[Thanksforplaying]

Cratering?  It's down 10 percent.  30 cents. Big deal,  it's down because oil looks like it's going to. 40 bucks.  Relax. It's ok

[Sukhi19]

One of the best managed companies.

[UppersDowners]

just as Sukhi says best managed plus best hedged. Buy some shares while it drops to these levels. I doubled my position this morning on the fall and want to thank whoever sold their shares in the panic.

[drdrab]

Some folks may have got scared by dividend cut?

[tvstock]

But no dividend cut today as I read ?   NBZ has the lowest payout ratio in cdn E&P. Actually if not to avoid dilution the last dividend cut is also unnecessary. New presentation out. https://www.northernblizzard.com/uploads/Documents/nbri-2015-oct-presentation.pdf Look at page 13 and see how good their assets are. Arguably the most undervalued one in Canada, and it's all