NORTHERN BLIZZARD RESOURCES INC T.NBZ

The market is sending NBZ a message

[Canadude25]

This stock closed at $3.70 on Feb 15/16 when oil was at $27/bbl. Here we are almost $18/bbl higher and at the same share price. That is almost criminal. The market is telling them to cut the dividend and reinvest the cash into new wells. Perhaps it's the perceived M&A and how to fund it that has spooked the market but nonetheless the market is speaking and they better listen!! It is hard to watch when other oil stocks are rewarding their shareholders.

[tvstock]

cash dividend  on 30 million shares in the market at 0.48 /year is less than 15 million. / year.  Not much use by cutting that IMO. Cut by half and only save 7-8 million per year? Peanuts. The market is telling them not to buy TBE.

[tvstock]

Since Apr 20 one broker sell 1.6 nillion shares alone.   That is the  problem. 

[ppp]

Beter check your share count Div works out to about 42 mil

[ppp]

Don't forget Riverstone has 80 mil shares. So their div is about 50 mil a year at 48 cents. I made a mistake on my earlier post

[tvstock]

https://www.northernblizzard.com/uploads/Documents/nbri-2016-apr-presentation.pdf  page 4  public gloat is 29.7 millioin All institutions are taking DRIP.  That is why they propose share capital reduction --- make more room for DRIP.

[tvstock]

Of course one might argue DRIP means dilution. But conisder the value of NBZ assets, that is not a problem IMO.

[Albanian]

I disagree completely TVstock, markets telling em cut dividend as they should have long time ago any oil and gas company paying a divy right now is only screwing themselves over imo right now is save your money buy back shares instead of dilute or buy assets. As nice as it is to get a 48c divy right now I'd rather have capital gains and that's why we are sitting at 3.59$ if they cut the

[ppp]

Ok you got me on that, but still not good and needs to be cut back. To much dilution.

[tvstock]

Don't mean to argue, I only want money. Actually dilution is a problem when stock price is so low. If stock is at $10 the number of shares issued is only 40%, and dvidend rate is only 4.8%. Last year when they cut the dividend stocks falls to $3. from $5. That is another issue. That guy is still seeling heavy today when oil price is rising. He wants to create gear. Unluckily many have to cut

[ppp]

I am now buying nothing but oil I have sold everything else and just going long oil. It has been a rough ride but IMO we are very close to the turn around in this sector. GL

[tvstock]

You mean oil stocks, I suppose ? Not CRUDE LOL. Same for me. Interest rates + inflation will go up. Oil is down for 2 years.  Also the same NBZ presentation, p4 "Need approximately US$37/bbl WTI to breakeven and pay cash dividend in 2016" Now at 44-45 there is lots of room + upside. The big positive is that NBZ has no bank debt, implying that she won't be brought down by

[tvstock]

Correction TBE and LTS are not down yet. They are just squeezed by their banks.

[ppp]

 I won't touch LTS,  or TBE stock I own TBE debentures, hoping a white night comes along.

[ppp]

Yes, I mean oil stocks. Another one I like here is Surge. Low debt low decline only negative is they have some gas. But smart management.