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Acadian Timber Corp T.ADN

Alternate Symbol(s):  ACAZF

Acadian Timber Corp. is a Canada-based timberland provider in the Eastern Canada and the Northeastern United States. The Company owns and manages approximately 777,000 acres of freehold timberlands in New Brunswick (New Brunswick Timberlands or NB Timberlands), approximately 300,000 acres of freehold timberlands in Maine (Maine Timberlands) and provides timber services, which include approximately 1.3 million acres of Crown licensed timberlands in New Brunswick. The Company operates through three segments: NB Timberlands, Maine Timberlands and Corporate. Its products include softwood and hardwood sawlogs, pulpwood, and biomass by-products. It sells its products to approximately 90 regional customers. The Company also develops carbon credits for sale in voluntary carbon credit markets. The Company has approximately 2.4 million acres of land under management.


TSX:ADN - Post by User

Comment by Maxmoeon Mar 10, 2021 7:01pm
83 Views
Post# 32766150

RE:Right company in right industry- now!

RE:Right company in right industry- now! Hello? Anybody home? Wow, this is a quiet board. I've been watching for a year as my oil stocks took off. Now I'm plunking some profits into something "safe" like timberland. I heard a rumour land is a good investment because nobody is making any more of it. I also like the math of timberland. Every year we don't cut a tree it grows a little bigger and gets a little more valuable. It's almost as much fun as compounding interest and dividend reinvestment programs. So, I went to "the depot" on the weekend, aka Home Depot, and lumber is just crazy. Those trees are now worth more for 2 reasons. Too bad I wasn't worth more just because I got bigger around. So, does anyone here have links to useful industry info? Oil and nat gas regional pricing is very readily available compared to lumber,pulp, raw logs. 
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