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TIMBERWEST FOREST CORP. $14.30 (Toronto symbol TWF.UN; SI Rating: Speculative) is an income trust operating in the forest products industry. It is the largest owner of private forest lands in western Canada. To raise cash, TimberWest is selling land to real-estate developers, and selling non-core assets. The fund yields 7.5%. We don’t currently recommend any forest products companies as buys.
TimberWest is a sell.
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