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Westshore Terminals Investment Corp T.WTE

Alternate Symbol(s):  WTSHF

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 20 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

Post by SHUMBAon Nov 22, 2015 8:43pm
202 Views
Post# 24314523

DID A PARTIAL BAILOUT ON FRIDAY

DID A PARTIAL BAILOUT ON FRIDAYI have held WTE since 1998!! One of the first equities that I bought when I began trading. I have enjoyed the dividends over the years, but I guess there is still time to take some profit, so I did on Friday. Will hold onto a "token" amount of shares, and if I live long enough, perhaps there will be a rebound in the coal shipping market, or better still, WTE may be approached by a suitor at a reasonable price. Who knows?? Best.........SHUMBA
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