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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 BullBoyMoonon Feb 16, 2021 6:51pm
126 Views
Post# 32580511

RE:Stock could explode...

RE:Stock could explode...

Totally. Above $2 is a big deal for a number of reasons, including some brokers allowing margin if $2 sustained for a period of time.

Great to see the volume. Eventually there won't be sellers at this price with the aggressive buying volume. As you said, long way to go to catch up with the rest of the sector. Lots of news items coming in short order. March Lumber futures 995 close. Price will move higher.





 

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