Conifex Timber Inc T.CFF

Alternate Symbol(s): CFXTF

Forest Products Lumber & Wood Production

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.

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Conifex Timber Inc

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Comment by dosperroson Apr 26, 2018 1:07pm

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Post# 27945280

RE:RE:RE:$556 US Lumber

Generally if you like building materials (tangible stuff) and undervaluaded growth stocks, this is a great pick.

If you don't, then avoid.

Most (all?!?) newer investors do better with lots of diversificaton. E.g. buy VXC (a fund) to hold the world's markets for a nominal fee. I always say avoid Canada if possible as our market is terrifying.

But if you're going to stock pick, try and buy a dollar bill for 25 cents. That's what Conifex is.

Don't pay $3 for that same dollar with a trendy stock like Amazon or FB, unless you like trendiness.

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