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 > WTO Ruling

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Comment by horseshoefallson Aug 24, 2020 8:30pm

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Post# 31448256

RE:RE:WTO Ruling

Yep, they really had no choice but to sell their claims.... CFF needed the cash at the time. Futures were definitely weird... hit limits and then dropped, and back up. These prices are definitely not sustainable or can continually go up, but even if they stay in the 700's and go sideways, lumber companies are making money hand over fist.

Price may be down today, but long-term you have to consider the amount of cash they are generating. With no debt and a big pile of cash, there is no disputing the value at that point.

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