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Conifex Timber Inc T.CFF

Alternate Symbol(s):  CFXTF

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

Comment by horseshoefallson Dec 08, 2020 9:33pm
128 Views
Post# 32064529

RE:L2's showing $1.70 (again). $700+ lumber (again). $7/share??

RE:L2's showing $1.70 (again). $700+ lumber (again). $7/share??I'm pretty tempted to buy more too, but feel like I'm maxed out already.  Also hard to swallow when I was buying at $.30 cents.  Should have absolutely loaded the truck up, but the lumber pricing was a little different then!

Would still like to see some sort of update on what the game plan is long-term here.  I feel like this company needs to get the share price up and then either pay a dividend or get bought out and separate the power plant form the equation.  Maybe they need to find a deal where they can keep their jobs (JN at least) and Ken can get a golden ticket out of Mackezie.  This one has been a long and bumpy road, but as long as the lumber prices stay elevated they'll just wipe the debt clean and pile up cash.
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