Here is the market update for the week of August 2, 2013. Information is provided by Madison’s Lumber Reporter http://madisonsreport.com.
“It’s been hard to get investors to buy these things,’’ said Canadian analyst Daryl Swetlishoff.
These assets are selling for pennies on the dollar
where do the logs come from the weather report has it raining there for 6 days straight?
A mill closing requires a news release not an interview, its a complaint to bc securities for these fckers
General info Market Chatter: Resolute Forest Seeking to Acquire or Build Lumber Mills; Shares Up More Than 3% 3:26PM ET on Wednesday Aug...
Here is an article discussing the situaton to help appease concerns: http://www.albernivalleynews.com/news/272938691.html
For what it's worth, according to Globe WEF had the largest short decrease to Aug 15 of over 11mil shares.