Investing in Timber

[belmontx]

Since abner doesn't care to reveal the details of his "distribution", let me help.

From my list of information-sharers only one correspondent has reported being notified by TATF of the rain damage to his trees. He ultimately received slightly less than two/thirds of his original purchase price for 100 '96 teak trees; after culls and lost trees he was paid for the wood from 41 and was given 2K in return for his ownership papers for all the original 100. He has not viewed the site so has no way of knowing how accurate the report was.

At any rate, two thirds as a refund in exchange for ownership is way better than the nothing it seems everybody else has been getting for their unaffected trees (although this amount is 1/10th of the advertised value after 16 years).

If anyone else ever receives this offer, jump on it. Sixty-fjve cents on the dollar for TATF trees bought ten years ago and thought to be a sour investment turns out to be a godsend for those who never thought they would ever see a penny back from their purchase price.

belmontx