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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Fortress Global Enterprises Inc - Class A FTPLF

Forest Products Lumber & Wood Production
Fortress Global Enterprises Inc produces paper pulp, security papers, and other security-related products. The company through its segments produces dissolving pulp which is primarily used for viscose/rayon manufacturers in Asia. Its business is spread across Asia where it generates most of its revenues, Europe, Canada, and International.


GREY:FTPLF - Post by User

Fortress Global Enterprises Inc - Class A > valuation exercise
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Comment by Contrarian333on Feb 19, 2019 10:59am
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Post# 29382255

RE:RE:RE:RE:RE:RE:RE:valuation exercise

RE:RE:RE:RE:RE:RE:RE:valuation exerciseI believe friends and clients of Ezra/Varana own about 40% including the 10% reported.  I believe there is a secretive Canadian money manager with another 10%.  If you add Chad and other insiders you probably get to 70%.  I don't believe that structurally Varana is a private equity investor (to be confirmed).  As I said, I think the mostly likely outcome is a sale in the next up cycle for dissolving pulp but I think you are right in being cautious about people's stated intentions and their actions..
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