Doman Building Materials Group Ltd T.DBM

Lumber Prices

[TheBridge]

Surge in Lumber Prices Sparked by B.C. Flooding Likely To Fuel More M&A Tansactions, the article by Nia Williams in this morning's Globe and Mail states: Softwood lumber prices have doubled since mid-Novermber after roads and rail links across B.C., which accounts for 16% of North American supply, were washed out by record breaking rainfall. So this is going to raise lumber prices elsewhere as the supply is reduced and the M&A activity brings a little more excitement to the wooden table. Have a great day!

[Bubba359]

Good observation Bridge and on the money , DBM with a top to bottom business structure was making money on reduced prices , taking it in on the highs , hence the special dividend. Now the div fully restored , something l posted a year ago knowing the allignmentvthat MR Doman has with us real shareholders as if 16 million shares and his div are not substantial. I never predict like some , rocket

[Jtpatrol1]

  anyone buying at these levels ?