Sulja Bros. Building Supplies, Ltd (SLJB)

[Shomidamoni]

These 2 posts are very re-assuring. Gave me an extra hour of sleep. No worries here at all... :)


http://www.investorshub.com/boards/read_msgs.asp?board_id=4436&NextStart=39025&BatchSize=50

Due to the fact that there is the necessity to have an authorized lumber export broker in Canada to get any lumber out of Canada, you see the value of Sulja to the UAE and Germany. When you are building one of the largest cities in the world you need Canadian Softlumber. The only way you can get it is to broker your order through an authorized Canadian Lumber Broker. That is where Sulja comes in. All they are is a Canadian Lumber Broker and that is why their profit margins are so hgh in these transactions. They never take possession of the lumber as it is loaded on rail cars from the mill sent to the loading docks and shipped overseas via ship. The Canadian Lumber broker is just the legal go between between the UAE and the lumber mills in Canada. Canada supplies the world with almost 90% of the softlumber so when you are building a big city you need a big supplier. Canadian Lumber. You can't get it out of the country without an authorized exporter. Sulja has been licensed for over 3 years. How Sulja and Emaar got together is the hidden secret. Check the Canadian laws and you will see Sulja listed and their export authrization number. News will be out shortly on their signed contracts in Germany which will have a revenue impact of over $135 million on next year revenues. It is just amazing to me how we get all this speculation of this and that without anyone doing this DD of export requirements of lumber from Canada! jmho


http://www.investorshub.com/boards/read_msg.asp?message_id=12589460
Active Company EICB Numbers
The Export and Import Controls Bureau (EICB) authorizes, under the discretion of the Minister of International Trade, the import and export of goods restricted by quotas and/or tariffs. It also monitors the trade in certain goods and ensures the personal security of Canadians and citizens of other countries by restricting trade in dangerous goods and other materials.

Softwood Lumber
Active Company EICB Numbers
http://www.dfait-maeci.gc.ca/eicb/softwood/active_company-en.asp
Company: SULJA BROS. BUILDING SUPPLIES
Province: Ontario
EICB#: 448863