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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
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Comment by ValueCapon Jul 18, 2020 11:35pm
91 Views
Post# 31286465

RE:RE:RE:RE:Futures up again - $548 for Sept 2020

RE:RE:RE:RE:Futures up again - $548 for Sept 2020

Haha no kidding re: turning Tesla fanboys to lumber fanboys

Interest rates are going to stay low for the next 2 years. That will help housing continue to spur demand. De urbanization due to work from home will spur marginal housing production as well. Who knows if this home reno kick continues as a source of demand but if so, god bless.

I also wonder to what extent large infrastructure projects in the US might also contribute to lumber demand. Along with Canadian infrastructure plans and social more housing projects.

But I'm with you. At 400-450 this thing is still a $3 stock. 

Bullboard Posts
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