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Acadian Timber Corp T.ADN

Alternate Symbol(s):  ACAZF

Acadian Timber Corp. is a Canada-based timberland provider in the Eastern Canada and the Northeastern United States. The Company owns and manages approximately 777,000 acres of freehold timberlands in New Brunswick (New Brunswick Timberlands or NB Timberlands), approximately 300,000 acres of freehold timberlands in Maine (Maine Timberlands) and provides timber services, which include approximately 1.3 million acres of Crown licensed timberlands in New Brunswick. The Company operates through three segments: NB Timberlands, Maine Timberlands and Corporate. Its products include softwood and hardwood sawlogs, pulpwood, and biomass by-products. It sells its products to approximately 90 regional customers. The Company also develops carbon credits for sale in voluntary carbon credit markets. The Company has approximately 2.4 million acres of land under management.


TSX:ADN - Post by User

Bullboard Posts
Comment by haywoodjablomieon Jun 07, 2013 4:22pm
280 Views
Post# 21499223

RE: Head and Shoulders

RE: Head and Shoulders

I beg to differ ,  a clear " Cup and Saucer " pattern is forming .

Traditional technical analysis tells us that the SP could either break to the upside with 15.28 or higher a distinct possibility , retrace all gains and settle as low or lower than 13.21 ,  or a stabilising " Buffet Table " could occur the price then fluctuating  little from todays close . 

  But seriously what happened ?  Up almost 10% ?   Did one of the gifted intellectuals on BNN just "Top Pick " it or something ?

Bullboard Posts