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DewDiligence

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DewDiligence

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Re: acgood post# 7677

Thursday, 11/14/2013 1:22:16 PM

Thursday, November 14, 2013 1:22:16 PM

Post# of 30493

PCL—their harvest volume will grow substantially in the future.

Yes, indeed. Even before the recent land acquisition from MeadWestvaco, PCL was projecting that harvest volumes would increase by 15% during the next five years or so. This is the natural result of undercutting during the recession years, which left more timber on the ground to continue growing.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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