Eacom Timber Corporation ETRFF

company value

[jowieber]

I dont know if people have not realized this but the current market cap is sitting at 75% the value of the capital assets in the company. Even if the company were to sell all their equipment at 75 percent of the amortized value of the assets you can break even by being in this company. It has no debt. capital assets and current assets total more than double the market cap. This is a definite buy even if the company only has a net income 3 years from now.

[BillyBatts75]

Its the reason why the markets have a bearish sentiment for the stock for the last 18months approx.revenue is 3 years away.  you can only go long on it if you have some extra powder or else its better waiting.especially with the falling lumber prices and the rising cad$."  This is a definite buy even if the company only has a net income 3 years from now. "

[jowieber]

The fact that they are only running at 50% when they get close to 75% they will generate a profit. I dont believe this will take 3 years to happen.

[The_Shadow]

Wonder how all those lucky big wheel investors who got into the last private placement of 78.245 million shares at 50 cents this past April 20th are feeling right now about the current share price?Could be brutal come tax loss selling a few months from now?Sort of reminds me of WEF a few years ago__and that one sure has turned out to be a spectacular winner__so looking for the same here with ETR

[sthgal]

This is the latest what big institutions are holding, including their mutual funds. https://apps.cnbc.com/view.asp?country=US&uid=stocks/ownership&symbol=etr-v&country=CA