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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 > State of FGE
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Comment by sculpin2on Apr 01, 2019 8:33pm
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Post# 29567030

RE:State of FGE

RE:State of FGENew all time lows below a $1.

So...

"Expect a balance sheet initiative to solve for a more stable and permanent capital structure"

Sounds ominous. Can they sell the cogen? Probably the only really marketable asset right now to bring in cash. Valued it at $120mm in one presentation. Any ideas what the ebitda on this is? 

Really in today's market a one asset pulp mill in a small cap stock is truly orphaned. Best be would be to get a couple of good quarters in and then sell this to a larger entity. 
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