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Conifex Timber Inc T.CFF

Alternate Symbol(s):  CFXTF

Conifex Timber Inc. is a Canada-based forest products company, which operates fiber baskets in North America, northern British Columbia. The Company produces lumber products and renewable energy from its sawmill and bioenergy plant in Mackenzie, British Columbia. Its lumber products are sold in the United States, Canadian and Japanese markets. It also produces bioenergy at its power generation facility at Mackenzie, British Columbia. Its lumber products include J-GRADE, 2 AND BETTER, SELECT, STUDS, ECONOMY and 3. The Company operates a two-line sawmill in Mackenzie, British Columbia (the Mackenzie Mill). Its Mackenzie Mill has approximately 240 million board feet of annual lumber capacity on a two-shift basis. It operates a 36-megawatt biomass power generation plant in Mackenzie, British Columbia (the Power Plant), located at the site of its Mackenzie Mill. Its Power Plant's output capacity is in excess of 230 gigawatt hours (GWh) of electricity per year.


TSX:CFF - Post by User

Bullboard Posts
Comment by dosperroson Apr 05, 2018 10:30am
23 Views
Post# 27835491

RE:RE:A big block of 400,000 shares moved yesterday

RE:RE:A big block of 400,000 shares moved yesterdayInteresting -- where did you dig that up if you don't mind me asknig?  That's great insight.

Agree on the low volume side too.  But, it's not unexpected -- no index funds own yet (based on share price / market cap being low/small).  The insiders, Polar, Princeton, Vertex, and Cowan aren't doing any churning.  I'd suspect some of the limited liquidity is just market making in fact, rather than true selling.
Bullboard Posts