NORTHERN BLIZZARD RESOURCES INC T.NBZ

NBZ

[Playsmart]

IMO, Only around 30 % stocks are floating for trading is the main reason that stock is not bumping up. Buyback should ramp up the price but didn't work but fundamentals of company got stronger with buyback, scraping DRIP and reducing the dividend. Hope next week if API/EIA inventories report don't add up more oil, as oil transit time for importing is done now, stock should move up. Hope next week oil stock should move up.GL and GBA

[pierrelebel]

Playsmart - "Only around 30 % stocks are floating for trading is the main reason that stock is not bumping up." Actualy, if you take a look at 2014, the shares were trading in the $14 - $18 range with the same 30% float.

[Playsmart]

That was different time. oil was quite up and company was making good money. I ask you the reason why stock is not doing as good. Even enviornment is favourable for stock. 1) Good hedging in 2017. 2) Debt little high but maturing in 2022. 3) Reserves are slowly depleting. 4) Their 75 % credit line are not used. 5) Current ratio is 1.81.(6) Good divediend. 7) Announcement of Keystone XL pipeline