News Focus
News Focus
icon url

DewDiligence

12/27/12 8:51 PM

#6330 RE: DewDiligence #6307

PCL:

http://online.wsj.com/article/SB10001424127887323984704578203250776240338.html

Weak US home construction in past years also is a factor and has left inventories of new homes for sale near the lowest levels in at least 50 years.

It follows that the demand for lumber will be increasing, which is bullish for the prices PCL can get for the right to harvest its trees.