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Acadian Timber Corp T.ADN

Alternate Symbol(s):  ACAZF

Acadian Timber Corp. is a Canada-based timberland provider in the Eastern Canada and the Northeastern United States. The Company owns and manages approximately 777,000 acres of freehold timberlands in New Brunswick (New Brunswick Timberlands or NB Timberlands), approximately 300,000 acres of freehold timberlands in Maine (Maine Timberlands) and provides timber services, which include approximately 1.3 million acres of Crown licensed timberlands in New Brunswick. The Company operates through three segments: NB Timberlands, Maine Timberlands and Corporate. Its products include softwood and hardwood sawlogs, pulpwood, and biomass by-products. It sells its products to approximately 90 regional customers. The Company also develops carbon credits for sale in voluntary carbon credit markets. The Company has approximately 2.4 million acres of land under management.


TSX:ADN - Post by User

Post by Maxmoeon Nov 01, 2022 1:59am
1117 Views
Post# 35062035

Zzzzzzzz huh?

Zzzzzzzz huh?Last time I fell asleep watching the adn forest grow, I sold. Glad I did. I like a rising divy yield, but not if it's because the stock dropped $3. Zzzz. Still no sign of life there. At all. Any carbon credit talk was lip service I think. I saw ifp bought chaleur for big $$ as they spend all that free cash flow they racked up while lumber was through the roof. Maybe they'll buy these guys next once they finish swallowing chaleur. Like a snake swallowing a frog, just the feet sticking out. That is unless the big boys buy ifp for their U.S. south assets. Good luck Perros and pals. 
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