Its all over for NAFA !

[Trapper John]

Its All over for NAFA
I said a while back it feels like 1987 all over again, and I right.
JC 

[Bango skank]

So how big of a hit will bobcat values take from this?

[sagerat]

Bad news

[Humptulips]

So how big of a hit will bobcat values take from this?

I believe cat prices were softening. It depends on what NAFA does with the cats they are holding. If they dump them which it looks like might be the case it will not be good. I heard they had 6000 in inventory.

[JakeLand]

Ya they still got 11 of my beaver pelts

[JakeLand]

What’s going to happen if they still have some of my pelts ?

[Tracker0721]

Most recent thing I saw said no payouts to anyone for a year at least AND they weren’t sending pelts back as they’re all sorted into like graded lots.

[Humptulips]

What’s going to happen if they still have some of my pelts ?

They are gong to Private treaty everything held in intersorted lots. That is where your stuff is.
The question is will the proceeds go to pay their debts or to the trapper. Read where they are $55 million in debt.
Either way I think you will be unhappy. In order to unload all the fur they hold it will probably be a fire sale.

[JakeLand]

What’s going to happen if they still have some of my pelts ?

They are gong to Private treaty everything held in intersorted lots. That is where your stuff is.
The question is will the proceeds go to pay their debts or to the trapper. Read where they are $55 million in debt.
Either way I think you will be unhappy. In order to unload all the fur they hold it will probably be a fire sale.

win some lose some I guess no sense I crying over spilt milk . Some how I got a feeling this next season is going to be a cluster **** when it comes to selling to FHA so I’m thinking going a local buyer and call it good

[Oh Mah]

Its All over for NAFA
I said a while back it feels like 1987 all over again, and I right.
JC

When was this drafted?

[Humptulips]

I believe that letter had a date of 10/31 on it.
Since then I see NAFA has been granted the Canadian equivalent of Chapter 11 bankruptcy protection.