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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

Comment by SHUMBAon Nov 23, 2015 12:51pm
109 Views
Post# 24316284

RE:RE:DID A PARTIAL BAILOUT ON FRIDAY

RE:RE:DID A PARTIAL BAILOUT ON FRIDAYNothing yet, just might buy myself a new car with some of the proceeds....you can't take it with you...right?? As for ideas for reallocation of the proceeds from WTE and CU, not sure yet, looking for ideas. Can always do a buy back of WTE at some point in the future, but needless to say the outlook for coal is grim at this time. I read where Alberta plans to eliminate the use of coal by 2020 or was it 2030? By then, Albertans will have regained their senses and will get rid of the S.O.P.M. party, i.e. the SPEND OTHER PEOPLE'S MONEY PARTY! Remember, I did say not too long ago, that one might be wise to have a look at ECI or Enercare. They appear to be on a tear at the moment, so not suggesting that you jump in and buy at tis time, but it pays a nice steady monthly dividend of seven cents. Suggestions from you?? Best..........SHUMBA
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