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.

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Conifex Timber Inc > U.S. Housing Starts Numbers Beat Estimates 1,496k annualized

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Post by horseshoefallson Aug 18, 2020 8:51am

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Post# 31421755

U.S. Housing Starts Numbers Beat Estimates 1,496k annualized

- Housing starts rose 22.6% in July after rising 17.5% the prior month
- Building permits rose to 1,495k vs 1,258k in June; est. 1,326k

Little to no resisitance on the share price now either as seen yesterday past $1.20.... Conifex could very well move up to the $3.00 range in the short term.

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