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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

Post by Coinfanon May 16, 2021 5:27pm
222 Views
Post# 33211819

Expect much better q2 results and 60 Cent Earning/ in 20021

Expect much better q2 results and 60 Cent Earning/ in 20021they said: Conifex said it was only able to ship 10 weeks of lumber production during the 13-week quarter. Also the bioenergy was not in full work for 6 Weeks..

With much higher average prices in Q2 the Earning should go to 15-20  Cent a sahre in q2 at least.  Expecting more than 50 Cent for the yaer.. Conifex has Upside minimum to 6 dollars.. will buy more tomorrow... 

Lumber price should go up again in next weeks and we will see new records shortly... 
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