Tambourah Metals Ord Shs T.TMB.W

Jan 30th Week in Review

[Lash99]

Computer issues , sorry for the delay !
Futures close : Mar 350.60 May 356.80 this is up $22 and $20 U.S. from last Friday respectively. I had also mentioned that the futures were trading about a $31 premium to cash. Well that gap has closed and lumber has risen with the futures. After the market close on Friday , prices were going up with every rail car sold at $5 per mfbm. Rumour has it Canfor has jumped their prices as well as West Fraser and Tolko in anticipation of the duty. Aspen Planer already jumped their prices last week and we are seeing now unprecedented demand . At least demand I have not seen in almost 10 years. Look for Monday to do something silly. Possibly another limit up as lumber is now outpacing the futures. Just as an interesting sample , the Canadian Lumber companies are now receiving $4000 - $6000 cdn more per railcar than they were a week ago.  I listened to Tembec's teleconference again and I think their stock price could be in a perfect storm. First , Moody's did upgrade Tembec which is very positive , two , we heard that Specialty Cellulose prices are going up 5-10 percent and they are just starting to realize the gains in 2017 , three , Friday a blurb came out regarding pulp and paper and how that market is heating up and that markets pricing is moving up. 4th but not last is the lumber market , here Is the perfect storm . The lumber market is Smoking and this is prior to the duty issues which we will not see affect the bottom line until at least May . The last real positive is the Canadian dollar and it is holding between 1.30 and 1.31. If someone asked me today where I would put my money , with all this information I think you guys know the answer. I am not only excited to talk about the possibilities but finally there are substantiated results showing that the Tembec Management team has the company moving towards a very good place ! Let's see what next week brings. Lash