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Re: Queens Boulevard post# 115869

Wednesday, 10/11/2006 1:17:56 PM

Wednesday, October 11, 2006 1:17:56 PM

Post# of 311063
Queens, I have been on a lot on construction sites, wood frame, stucco and metal structures and there is lumber on every one of them. You frame with wood to pour cement, you buttress walls, roof, joists, etc. To imply no wood is necessary because it's Dubai is short sighted. Yes, the cement deal is huge and will get much bigger. If Emaar intends to keep doing business with us, they have an airport and the entire King Abdullah Economic City to build in addition to everything they already have going on in Dubai.

I believe the export license for softwood is much more critical to the needs of Laing Homes and their future plans. And just because we are currently experiencing a small dip in housing in the US, we cannot underestimate the market for materials as we roll out of this housing breather.

We don't quite know yet where this all leads but I think it will clear very soon. The relationships Petar has built in the Arab world through CCM and Wessal will define where our little Canadian company goes. The nagging question for me has always been what you asked, "Why Sulja?" But considering the "cement" 10 cent floor placed beneath this stock in the last few weeks... what's to lose?

Saluting the best Southern "Jam" band... Ever!