Post by
rgallant on Nov 24, 1999 9:33pm
my comments;
i have owned this stock in the past and lost patience and money on it. I live 10 kms from their mill in miramichi and they are in more trouble than you think. People are under the impression that there is all kinds of wood here in New Brunswick but let me tell its disapering fast. The regular woodsmen , the natives and the acadiens metis are all cutting this wood practically 24 hours a day . This mill will be forced into closure when they have to buy their wood from other provinces or states. They are already paying over $100 a cord. I own a woodlot that i paid $4000.00 and it will be worth $ 60000.00 in 15 years. Now thats a good investments
Comment by
webes on Jan 19, 2000 10:00am
Friction -
Thanks for the comments. Very interesting!
BTW - a block of 5,000,000 shares we just crossed by RBC Dominion Securities at 8 cents per share.
Good luck everyone!
Comment by
Descendant 144 on Jan 20, 2000 3:16pm
Even if the wood runs out in all of New Brunswick, there is still value in this stock. Tax Losses over previous years can be carried over. Therefore my conclusion is Repap will be sold to a bigger company and will use the huge tax losses that were accumulated over previous years to reduce profits.
Comment by
mantran on Jan 21, 2000 9:03pm
If repap sold to bigger company mush be good signt for us .Good thing i just buy back 0.07 last week time to make money back boy and girl