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Bullboard - Stock Discussion Forum NORTHERN BLIZZARD RESOURCES INC T.NBZ

Energy Oil & Gas Integrated
"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 > Just sent an email to NBZ
View:
Post by tvstock on Oct 14, 2016 10:36am

Just sent an email to NBZ

May I suggest buying public float shares for the DRIP . ?  

 
That’s more flexible which can be retracted easily should oil prices fall back.  And it also supports the stock price.
Comment by xbox360 on Oct 14, 2016 11:26am
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 ...more  
Comment by tvstock on Oct 14, 2016 11:36am
The bigggest liquidity problem is JOY LOL. But those analyst is driving the stock price down by insisting an dividend cut.  Upside down .,
NORTHERN BLIZZARD RESOURCES INC
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