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Greenfirst Forest Products Inc T.GFP

Alternate Symbol(s):  ICLTF

GreenFirst Forest Products Inc. is focused on sustainable forest management and lumber production. The Company’s business involves the manufacturing, selling, marketing and distributing lumber and paper products. The Company operates in two segments: Forest Products and Paper Products. Through its Forest Products segment, the Company manufactures and markets a wide range of spruce-pine-fir (SPF) lumber products for use in residential and commercial construction with by-products from production sold to pulp-producers and the Company’s Paper Products segment. The Paper Products segment manufactures and markets paper grade products used to print newspapers, advertising materials, food service bags and other publications. The Company owns four sawmills located in rich wood baskets operating over six million hectares of FSC certified public Ontario forest lands (FSC-C167905). Its subsidiaries include Kap Corporation, Kap Paper Inc., GreenFirst Forest Products (Ontario) Inc., and others.


TSX:GFP - Post by User

Comment by Marketwhizon Jul 25, 2021 1:20pm
135 Views
Post# 33602130

RE:RE:RE:RE:RE:STOCK DOWN 52% - what is going on?

RE:RE:RE:RE:RE:STOCK DOWN 52% - what is going on?All great points showing the serious discount price of the rights and the common
Of course dealing falling apart risk however truthfully what has me very intrigued that wasnt ,dntioned is that senvest (one of the smartest and biggest funds in the world) has backstopped the rights issue. Thats huge. Having rivett (ex fairfax financial head) running the show is the other. This is a perfect prem watsa type deal or even a brookfield deal......
this is a big money deal and those with the big money are going to make out big. The fact non canadian shareholders were forced to sell the rights this caused one of the greatest opportunities ive seen
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