Westshore Terminals Investment Corp T.WTE

Alternate Symbol(s): WTSHF

Industrials

Westshore Terminals Investment Corporation is a Canada-based company, which owns all of the limited partnership units of Westshore Terminals Limited Partnership (Westshore). The Company invests in Westshore by way of distributions on Westshore's limited partnership units. Westshore operates a coal storage and unloading/loading facility at Roberts Bank, British Columbia. Westshore receives handling charges from its customers for throughput volume. Coal is delivered to the Terminal in unit trains operated by Canadian Pacific Railway, BNSF Railway, and Canadian National Railway. The product is unloaded and either directly loaded onto a ship or stockpiled for future ship loading. The loaded ships are then destined around the globe to approximately 16 different countries. Westar Management Ltd. (the Manager) provides management services to Westshore and administrative services to the Company. The manager also provides insurance and vehicle leasing services to the Company.

TSX:WTE - Post by User

Westshore Terminals Investment Corp

Bullboard Posts

Post by KC8on Mar 08, 2018 5:50pm

174 Views

Post# 27687198

The Chart

The chart on this stock bares a lot of resemblance to to what transpired in October 2015, and April of 2017. When the 10 week M/A breaks the 40 week M/A there is no telling where the bottom may lie. We are about to see that cross happen very soon.

The last two times it occured as noted above, it was not a pleasant experience for exisitng shareholders. Currently the chart resembles a vertical ski slope. Hopefully the destination is not "Goiterville".

Since the recent high of Jan. 8th, the stock has shed close to $5.00 a share. A darn good clipping in just two months.

Feedback welcome.

Bullboard Posts

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle