Conifex Timber Inc T.CFF

Alternate Symbol(s): CFXTF

Forest Products Lumber & Wood Production

Conifex Timber Inc. is a Canada-based forest products company, which operates fiber baskets in North America, northern British Columbia. The Company produces lumber products and renewable energy from its sawmill and bioenergy plant in Mackenzie, British Columbia. Its lumber products are sold in the United States, Canadian and Japanese markets. It also produces bioenergy at its power generation facility at Mackenzie, British Columbia. Its lumber products include J-GRADE, 2 AND BETTER, SELECT, STUDS, ECONOMY and 3. The Company operates a two-line sawmill in Mackenzie, British Columbia (the Mackenzie Mill). Its Mackenzie Mill has approximately 240 million board feet of annual lumber capacity on a two-shift basis. It operates a 36-megawatt biomass power generation plant in Mackenzie, British Columbia (the Power Plant), located at the site of its Mackenzie Mill. Its Power Plant's output capacity is in excess of 230 gigawatt hours (GWh) of electricity per year.

TSX:CFF - Post by User

Conifex Timber Inc > My essay missed the most clear and important advice to date:

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Comment by horseshoefallson Aug 13, 2020 1:31pm

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Post# 31404256

RE:My essay missed the most clear and important advice to date:

Yeah, the low volume makes this a tough one. It looks like we've started a move updwards, but if you look at the volume, it's still pretty pathetic and may just be the same people trading shares for 5 or 10 cents again.

That's kind of the problem with this one, low volume and big moves percentage-wise -- but large bid/ask spreads that can make it difficult to buy and sell. While I still think the value is $2+ I wouldn't at all be surprised to see the stock back around $1 on Friday. However, at this point I would be surprised to see it drop lower than that.

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