Western Forest Products Inc T.WEF

Alternate Symbol(s): WFSTF

Forest Products Lumber & Wood Production

Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a lumber capacity of approximately 885 million board feet from six sawmills, as well as operates four remanufacturing facilities and two glulam manufacturing facilities. The Company's product categories include outdoor living, exterior appearance, LIFESTYLE CEDAR, interior living, structural, industrial and WFP engineered products. Its outdoor living products include decking, timbers and fencing products. Its LIFESTYLE CEDAR products include LIFESTYLE CEDAR Decking and LIFESTYLE CEDAR Fencing. Its WFP Engineered Products include curved and arched glulams, straight glulams, and fabricated trusses.

TSX:WEF - Post by User

Western Forest Products Inc

Bullboard Posts

Post by TAPickson Apr 15, 2011 8:53am

583 Views

Post# 18435742

Ready for another run?

Western Forest Products Inc. (TSX: WEF)Ascending Triangle, this seems to be the prevailing chart pattern on many stocks these days. I'm waiting for Western Forest to close above my $1.18 resistance line before taking a position in it. We are very near the apex of the pattern so it should not take long to breakout or fail the pattern.