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 Oct 30, 2019 12:02pm

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Post# 30286977

RE:RE:$0.69 in sight for today

Reversion to the mean is a powerful force in investing.

It's either going to revert to the fair market value of the assets (discounted down for illliquidity, scale, questionable mgmt, leverage), which is much higher.... or to zero.

This whole penny stock phase is very unnatural. This thing is either $2.00+ or $0.00. A market cap of $29 for 4 large mills, timber tenure, and a powerplant deosn't compute.

Good thing lumber is a boring commodity that's aways needed. I see the risk of going to $0.00 as negligable. There is dramatic upside however.

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