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| PAST TOP PICK | 55.520 | Michael Smedley | (Top Pick Aug 26/09, Up 53%) It’s hideously down. Company in fine shape. Debt reducing. People find it hard to understand. A much improved company. It’s a buy | 2010-07-29 | |
| DON'T BUY | 63.150 | Barry Schwarrtz | Will never again invest in Forestry. Their balance sheet is improved. Sold off assets, reinstated the dividend, but he doesn’t see a future in it. Well run company. | 2010-05-25 | |
| BUY | 69.180 | Michael Smedley | Riding on a boom because of its restructuring to eliminate debt. The sector is looking startlingly strong. | 2010-03-18 | |
| SELL | 42.970 | Ross Healy | The forestry group has really struggled. Ultimately all the marginal mills will close down and you'll be left with the major ones blossoming. If you own, consider taking profits and building up your cash position. | 2009-10-26 | |
| TOP PICK | 36.310 | Michael Smedley | East Coast forestry. Consolidated so it is a reconstructed company. There seems to be an explosion now, particularly in specialty papers. | 2009-08-26 | |
| Comment | 1.710 | Don Lato | Still generating tons of cash. No debt maturities until 2011. Still a lot of debt but on the speculative side, might be worth a shot. | 2008-11-19 | |
| SELL | 6.490 | Michael Sprung | Generally the whole paper and forestry sector is a tough, tough sector to be in. Being impacted by not only the Cdn$, but was already in a bit of a recession to begin with. Can't see this changing in the near future. | 2008-03-05 |
