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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 Aug 18, 2020 6:22pm
75 Views
Post# 31425460

RE:RE:Wonder how far this can run before the inevitable?

RE:RE:Wonder how far this can run before the inevitable?

Wouldn't that be great!

I like the price action overall this week since the 1.20s was cleared. Nice finish at day end - the dips were bought. 

I think more people will this company as now operating full capacity in a very healthy lumber market, extremely undervalued. 


Lumber futures 625 into January. All contracts were limit up today. March limit up to 581.

Housing starts smashing expectations.

https://madisonsreport.com/2020/08/18/softwood-lumber-prices-rise-further-as-north-american-housing-starts-break-records/

I hope they announce the NCIB soon but probably won't happen until the November release as they show Q3 cash pile. Thoughts?

Bullboard Posts
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