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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

Comment by Maxmoeon Jan 24, 2022 5:03pm
212 Views
Post# 34355300

RE:RE:RE:Zzzzzzz. Huh? Wha? Did I miss anything?

RE:RE:RE:Zzzzzzz. Huh? Wha? Did I miss anything?

Yes, management mad an obscure reference to carbon capture on one of their calls. I followed up with them and received a slightly less vague response but there was clearly no actionable plans in place so, again, for effect , I made the exaggerated suggestion we contact the oil barons of Calgary and cut a huge carbon credit deal. It's clear to me ADN doesn't know how to structure such a transaction, and/or doesn't care. If Brookfield still owned it, they've got the strength on the bench to create a deal like this but they'd somehow snag all the value in one of the BAM entities vs it going to ADN shareholders. And btw, since I posted my nutbar ideas, I've added to my position as well. Not adn shares, acreage in the maritimes. Even after doubling of late, it's still a bargain. cracks me up to see ads on national tv from the province of ns trying to attract people to move there  


 

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