Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / CFPZF - Canfor: Looking For An Entry Point


CFPZF - Canfor: Looking For An Entry Point

Falling Stock Prices Create An Opportunity

Source: Bloomberg

Worsening Industry Fundamentals

The problems for the forestry industry have their roots in climate change which has resulted in mountain pine beetle population exploding due to warmer winters, coupled with record forest fires destroying large areas of the forest. This has resulted in successive reductions in the annual allowable cut by the British Columbia provincial government over the past few years to the point where now there are too many mills and not enough timber supply to keep all of them running.

Source: West Fraser's Annual

Read more ...

Stock Information

Company Name: Canfor Corp
Stock Symbol: CFPZF
Market: OTC
Website: canfor.com

Menu

CFPZF CFPZF Quote CFPZF Short CFPZF News CFPZF Articles CFPZF Message Board
Get CFPZF Alerts

News, Short Squeeze, Breakout and More Instantly...