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."

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NORTHERN BLIZZARD RESOURCES INC > Granger on BNN

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Post by ssyringa on Dec 06, 2016 8:33pm

Granger on BNN

Says tough times ahead possibly.. Let's hope for oil in the 50's glta

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Comment by pierrelebel on Dec 07, 2016 7:36am

Mason Granger on BNN: "A heavy oil producer. They IPO’d back in 2014 at the peak of market. This struggled, partly because they had a SAGD project that had a lot of technical challenges. He sold his holdings. As an investor, he didn’t like that they had a dividend reinvestment program. The move they did today was to reduce the dividend by 50% and eliminate the DRIP program. They also ...more

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Comment by gvfsdgbfsdgbfsa on Dec 07, 2016 8:25am

Only 18,750,000 shares are being bought back. Most private equity want to be bought out. They are not usually long term players in the oil business. Don't put too much reliance on these opinions. Read his opinion of Granite oil on Dec. 6 and July, 21 on Stockchase. Same company with two vary different opinions. The company is actually better now than in July and his opinion of them has ...more

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