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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 > love the div.....
View:
Post by Frank007 on Apr 05, 2017 7:38pm

love the div.....

this has to be the tightest controlled stock on the entire tse     way better fundimentals than rrx or tog yet no one wants it even at less than 50% of net asset value ......even when it is profitable.....  :-(
Comment by Wiky on Apr 05, 2017 7:48pm
your right. Great time to add to position. Profitable and love the dividend.
Comment by RHertig on May 11, 2017 1:06pm
The man who bought all the shares said that the price of assets has never been lower in his life. If that is how he truly feels why wouldn't he eliminate the dividend and use the money to buy more assets. If he takes the dividend and then buys more assets on his own he gets way less bang for his dollar having to pay taxes on the dividend. Leaving him less to buy with. I am not an accountant ...more  
Comment by Magia on May 11, 2017 1:20pm
I fear that we will lose the dividend but not becuase its cut rather I think Waterous is trying to take this private quickly.  Waterous was very open about how much he liked the CEO and how cheap everything is. With this cash flow generation and Cacuts Lake advertising negative decline rates my guess is they will try and take this private around $4. I will be furious if that is the case as ...more  
Comment by altagold on May 13, 2017 10:00pm
you should be worried about the poor results, high debt , huge salaries, management change of control payouts, whats left for the shareholders?? a bunch of uneconomic heavy oil wells and tons of liabilities to clean them up
Comment by Magia on May 14, 2017 10:13pm
Poor results? Uneconomic wells? Clearly we finally have a basher join us which is usually a good sign. Clearly not being honest about results to get cheap shares.  Good luck. 
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