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 > Any News on Power Plant Restart?

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Comment by BullBoyMoonon Feb 04, 2021 11:39am

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Post# 32470546

RE:RE:RE:Any News on Power Plant Restart?

I think the jump is a function of six months of consolidation washing out profit takers from earlier and weak hands who didn't want to hold for bigger things to come.

Now there are less sellers, so marginal buyers can move up the price.

With lumber earnings season happening now with Interfor tonight, analyst revisions and forward guidance for the sector will drive more into lumber.

Things are looking good

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