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Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a lumber capacity of approximately 885 million board feet from six sawmills, as well as operates four remanufacturing facilities and two glulam manufacturing facilities. The Company's product categories include outdoor living, exterior appearance, LIFESTYLE CEDAR, interior living, structural, industrial and WFP engineered products. Its outdoor living products include decking, timbers and fencing products. Its LIFESTYLE CEDAR products include LIFESTYLE CEDAR Decking and LIFESTYLE CEDAR Fencing. Its WFP Engineered Products include curved and arched glulams, straight glulams, and fabricated trusses.


TSX:WEF - Post by User

Comment by Red_Deeron Apr 28, 2023 5:28am
98 Views
Post# 35418569

RE:,,,,,,,,,,Remarkable BASE Now ESTABLISHED............

RE:,,,,,,,,,,Remarkable BASE Now ESTABLISHED............So With SOME TRADES @ 1.03__This IS the FIRST TIME in OVER a MONTH that the 1.05 
Support Level WAS TESTED

So Looking Like ODDS of a BREAK DOWN in Share Price HAS INCREASED a LOT Today eh !!!! 

Red_Deer wrote: VERY Interesting to NOTE that WEF has NOW MADE a VERY Tight Trading RANGE/BASE

WEF has NOW Traded Between 1.12 and 1.05 for a FULL MONTH__Since March 16th !!!

This IS a Significant and Quite RARE Trading Pattern eh 

This Basically MEANS that BOTH Buyers and Sellers HAVE AGREED that This IS a FAIR 
Share Price__And NEITHER are Particularily MOTIVATED to BUY or SELL

WHEN Will This ONE MONTH Base BE BROKEN??__WHICH WAY Will the
BREAK BE eh ?? 


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