Bullboard - Stock Discussion Forum 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... see more

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TSX:CFF - Post Discussion

Conifex Timber Inc > Sellers are packing their bags

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Post by horseshoefalls on Dec 01, 2020 9:34am

Sellers are packing their bags

Wait until the buyback kicks in... we should see $2.00 very soon. These prices are good too to support the market cap so we don't get some lame buyout offer.

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Comment by dosperros on Dec 01, 2020 12:07pm

It's funny how wrong I was yesterday, I'm a bit surprised to see this down, but it takes some time to work out the supply/demand. I was also wrong thinking it would pop up on the Q3 earnings... but I recall buying a big block at $1.17 shortly beforehand. So, if others were in that boat even this lamentable $1.50 is a 28% gain on a few weeks back. That puts the selling ...more

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Comment by horseshoefalls on Dec 01, 2020 2:28pm

Good info there. The trading volume seems to have picked up, but is still very low, which is good for a couple reaosns. One, the share price should be adequately supported now. Two, even if it drops temporarily we're just going to get a bunch of really cheap shares off the books. I still think any sort of long-term startegic vision or direction is holding the company back at this ...more

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Conifex Timber Inc