Conifex (CFF.To) Website

Its been a great year for lumber prices. Even with the market performing the way it is the last 3 months for Conifex has seen a significant drop in share price. I have recently bought back into CFF and plan to hold for a few months with a target sell of $5.50. The sharp drop is not representative of how well they are doing. They used to be 2 Canadian mills and then the new power plant came online. Now they have added 3 American mills. NAFTA and trade talks should not affect them as much as it did in the past as they can balance out production as needed. They have the power plant as profitable stable revenue stream. If lumber prices tank they have 5 mills to manage the costs of. Canfor has 33 mills. Canfor wins big when times are good and they lose big when times are bad.

One year compared with Canfor, West Fraser and Resolute.

One month compared