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Author Topic: Its all over for NAFA !  (Read 1081 times)

Offline Trapper John

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Its all over for NAFA !
« 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 



Offline Bango skank

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Re: Its all over for NAFA !
« Reply #1 on: November 02, 2019, 12:49:35 AM »
So how big of a hit will bobcat values take from this?

Offline sagerat

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Re: Its all over for NAFA !
« Reply #2 on: November 02, 2019, 05:37:14 AM »
Bad news

Online Humptulips

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Re: Its all over for NAFA !
« Reply #3 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.
Bruce Vandervort

Offline JakeLand

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Re: Its all over for NAFA !
« Reply #4 on: November 02, 2019, 06:17:30 PM »
Ya they still got 11 of my beaver pelts

Offline JakeLand

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Re: Its all over for NAFA !
« Reply #5 on: November 03, 2019, 06:46:33 PM »
What’s going to happen if they still have some of my pelts ?

Offline Tracker0721

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Re: Its all over for NAFA !
« Reply #6 on: November 03, 2019, 09:18:14 PM »
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.
May my presence go unnoticed, may my shot be true, may the blood trail be short.

Amen

Online Humptulips

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Re: Its all over for NAFA !
« Reply #7 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.
Bruce Vandervort

Offline JakeLand

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Re: Its all over for NAFA !
« Reply #8 on: November 03, 2019, 09:38:23 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.
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

Offline Oh Mah

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Re: Its all over for NAFA !
« Reply #9 on: November 04, 2019, 01:41:23 PM »

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?
"Boss of the woods"
(this is in reference to the biggie not me).

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Re: Its all over for NAFA !
« Reply #10 on: November 05, 2019, 08:25:12 PM »
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.
Bruce Vandervort

 


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