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Bullboard - Stock Discussion Forum Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

Forest Products Lumber & Wood Production
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... see more

TSX:WEF - Post Discussion

Western Forest Products Inc > $1,191.40 USD/1000 board feet today on Chicago futures
View:
Post by geezer21 on Jan 07, 2022 10:06am

$1,191.40 USD/1000 board feet today on Chicago futures

Lumber price climbs to an all time high discounting last May's spike.

Western Forest Product's share price has continued to climb since the end of November to currently trading in a 2:11 to 2.15 range.

MACD and RSI indicators confirm a strong up trend is in place.
Comment by windywolf on Jan 09, 2022 5:50pm
Im think about adding a few more in this range geezer. But I would like to see at least 1.5% increase in the dizzy. Otherwise with the immenent rise in interest rates ill be able to get that with savings in the bank. go wef.
Comment by geezer21 on Jan 10, 2022 1:29pm
With the bank you will not get any capital appreciation.  In fact you will get capital distruction with inflation being greater than interest rates.  Also, inflation is rising.
Western Forest Products Inc
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