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.

TSX:CFF - Post by User

Conifex Timber Inc

Bullboard Posts

Post by dosperroson Oct 30, 2019 9:15am

116 Views

Post# 30285774

$0.69 in sight for today

Here are the level 2 quotes as of now:

Not a lot of sellers out there and the price can wratchet up quickly if volume picks up. Reasonable to think it may insomuch as rates drop, lumber stays high, and a creditor resoluton is likely very soon.

See you at $1.00+.