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Conifex Timber Inc T.CFF

Alternate Symbol(s):  CFXTF

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

Comment by horseshoefallson Aug 17, 2020 8:37am
53 Views
Post# 31416587

RE:On track to open +7%

RE:On track to open +7%You are so right there!   Based on the previous issues with Conifex (expansion and liquidity crisis) all of which are now resolved - that left the share price in a terrible state. 

This company offers one of the biggest potential upsides still from related forest products companies.  They are printing money like the others, but completely undervalued.

Volume has picked up margianlly, but we are barely even trading $100,000 / day!   Once people realize the value here and move on from other larger players, this stock can potentially ROCKET just based on the volume and momentum trade plus the fact there are no shares for sale.

There was an article in the Globe and Mail over the weekend regarding the recent shortage of lumber in Canada, so maybe that will wake people up to the sector.  It's still very thinly traded overall.
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