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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 Mar 29, 2016 9:52pm
130 Views
Post# 24709350

RE:RE:50% RECOVERY from January lows.........................

RE:RE:50% RECOVERY from January lows.........................Yes Red_Deer, it is a relief to see a recovery in WTE. I have no regrets that I sold most of mine on the way down, but, just for interest, I wanted to hang around to see what the final outcome will be. I project there will be either a takeover of WTE or perhaps more likely WTE will diversify and begin loading a variety of other commodities, such as???? Well, I don't know, but I am confident Westshore will survive and reward those with stamina.....J.M.H.O. Best..........SHUMBA
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