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Re: None

Tuesday, 08/18/2009 1:31:02 AM

Tuesday, August 18, 2009 1:31:02 AM

Post# of 68397
1 meter of board constitutes over 420 board feet. There are 100,000 hectares that will produce 21 meters or 2,100,000 sq. meters of wood. of that 14% is mahagony. Let's say 10%, so 210,000 sq. meters of mahagony. Now that's 88 million board feet of Mahagony. The stuff goes for a dollar a foot finished, so lets say unfinished wholesale rough it's 50c a foot. That's 44 million dollars. Just for the mahagony. Granted it will take a long time to harvest, but that's the potential here. Mind you I think they will spin off all these subsidiaries.

http://www.hardwoodboardsource.com/mahogany-1-inch-thickness-c-164_240.html

DISCLAIMER: I am a dirty, rotten penny investor. I am not compensated by any stock. I've asked them to pay me, they refuse. I buy stock on the open market. I sell it there. I like money. I am greedy. I am under the care of a psychiatrist.

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