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Bullboard - Stock Discussion Forum 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 Discussion

NORTHERN BLIZZARD RESOURCES INC > Granger Never Heard of Him. Who cares.
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Post by TonyDj on Jul 24, 2016 10:43pm

Granger Never Heard of Him. Who cares.

These so called experts are far from. Too much entertainment and not enough substance. The credentials that the management of NBZ has is impressive.CEO Rooney - 33 yrs experience. He is a Chartered Accountant and Chartered Business Valuator. They should put him on BNN.
Comment by Bennys65 on Jul 25, 2016 1:20am
July presentation states at 35 wti and present spending  and present div we are 99% payout all cash no drip.At 55 we are 71% payout all cash no drip.In other words very sustainable .Scotia thinks 19000 bed is very conservative not giving any credit for plover growth.So with a good drilling program and success at plover these numbers will be stronger.Add an accretive buy of new production ...more  
Comment by pierrelebel on Jul 25, 2016 11:08am
"In other words very sustainable" I hope you are right.  It was less than a year ago (August 11th, 2015) that NBZ despite increased production and a great hedging program cut its monthly dividend in half from $0.08 to $0.04.  https://web.tmxmoney.com/article.php?newsid=77396948&qm_symbol=NBZ ... with the stock dropping from $5.75 to $3.25 in a few weeks. Hopefully ...more  
Comment by pierrelebel on Jul 25, 2016 10:58am
Who is Mason Granger?  For an answer, please take a look at: https://sentry.ca/en/portfolio-managers/Mason_Granger.html
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