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Friday, 02/07/2003 12:43:40 PM

Friday, February 07, 2003 12:43:40 PM

Post# of 35
Winter on the Farm

It's snowing in NYC now. The nights are probably still long and cold at Dongwu, but the days are steadily getting longer. We hope that Money Honey & Son along with the rest of CHCL's herd are relatively warm and safe in their new billy-barns.

One would expect CHCL to be planning for 2003 production and marketing throughout the winter. Though CHCL has already projected a larger hay crop, shareholders should not necessarily expect more revenue from grass. That's because a greater percentage is likely to be consumed by CHCL's own herd. More revenue from goats may not be enough to offset a possible decline from grass in 2003. However, that brief revenue-hiatus should prove to be only a temporary illusion of lower growth. As the herd grows (exponentially), so does the ultimate revenue and profit.

WHB offers a few comments about planting bare-root trees. Late winter and early spring is the proper timing (while the tree is still dormant). A large volume of "good soil" should be prepared before planting. One suggestion is using a backhoe to dig holes around 10 feet in diameter and 2-3 feet deep. Stone and rock should be sifted out of the soil using large screens. The bare roots of the trees should be soaked in a bucket of water for at least a few hours before planting. Most trees do better in soil that drains well but retains moisture. Goat manure probably makes good fertilizer. Nitrogen is most needed for growth of leaves, so application should be timed accordingly.

If Dongwu has a lot of stone and rock in its soil, sifting can improve the soil and generate construction material for stone walls, roads, and buildings.

Spring is coming. This could be the last chance to get CHCL stock cheaply especially if the Water Project is resumed. Good luck to all!

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