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TOSCA

03/19/12 10:18 PM

#66399 RE: TOSCA #66397

From an earlier published Letter from the CEO to shareholders SGCP, Doug had the intention to use the proceeds from the forward sale SL1 to complete and develop a 20,000 acre Kiri project as well as supporting all of Sierra Golds other activities... Waiting for a revival of the carbon price? Then we still have to see if the project can be forward sold. Advancing step by step, acre by acre to afforest 20,000 acre? 20,000 X 225 trees to be planted. How many trees do we have by now and what's the plan? It would be appreciated if someone could ask John. Oh well, we still have SL2. Does John speak Chinese?
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CancunCharlie

03/19/12 10:27 PM

#66400 RE: TOSCA #66397

Thanks TOSCA, you're giving us good info.

These trees get harvested several times. So is that 700 million per harvest or a total for 50 years?

It doesn't really matter though because even if it's only 30 million in a few years, that's STILL HUGE!!