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 therunneron Mar 16, 2019 11:11pm

266 Views

Post# 29496921

re: big drop today

Take a look at yesterday's SEC filings for CLD (Cloud Peak Energy), things are not looking good for this coal miner and exporter, apparently they are a big customer for WTE and BNSF. I do not have any numbers how much that could impact the Westshore throughput numbers, in the Q3 report they only mention the volume for Teck who seem to be the largest customer. Anybody has more details ?

Bullboard Posts

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