Post by: Trapper John on November 01, 2019, 09:16:48 PM
Its All over for NAFA
I said a while back it feels like 1987 all over again, and I right.
JC
Post by: Bango skank on November 02, 2019, 12:49:35 AM
Post by: sagerat on November 02, 2019, 05:37:14 AM
Post by: Humptulips on November 02, 2019, 06:14:31 PM
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.
Post by: JakeLand on November 02, 2019, 06:17:30 PM
Post by: JakeLand on November 03, 2019, 06:46:33 PM
Post by: Tracker0721 on November 03, 2019, 09:18:14 PM
Post by: Humptulips on November 03, 2019, 09:26:29 PM
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.
Post by: JakeLand on November 03, 2019, 09:38:23 PM
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 goodWhat’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.
Post by: Oh Mah on November 04, 2019, 01:41:23 PM
When was this drafted?
Its All over for NAFA
I said a while back it feels like 1987 all over again, and I right.
JC
Post by: Humptulips on November 05, 2019, 08:25:12 PM
Since then I see NAFA has been granted the Canadian equivalent of Chapter 11 bankruptcy protection.