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home / news releases / WTSHF - Westshore Terminals Investment Faces 2 Immediate Problems


WTSHF - Westshore Terminals Investment Faces 2 Immediate Problems

Westshore Terminals (WTSHF), or ticker WTE in Canada, is (currently) Canada's busiest coal export terminal. It handles about 33 million tonnes of coal per year. It operates in Port Metro Vancouver. On Friday, one of its major customers, Cloud Peak Energy (CLD), gave off a going concern warning, and it could be in Chapter 11 soon, per Seeking Alpha:

CLD says its updated financial forecasts reflect significantly lower levels of expected cash flow from operating activities for 2019, in part due to ongoing production problems at the Antelope mine and weaker

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Stock Information

Company Name: Westshore Terminals Investment Corp
Stock Symbol: WTSHF
Market: OTC
Website: westshore.com

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