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bill keitel Member Posts: 740 From: worthington mn. usa Registered: Nov 1999 |
I just got through talking to the C.E.O. of the superior logging Company and he mentioned that Smithsonion will publish an article on their company in the Feb. 2000 issue possibly a front cover. billk IP: Logged |
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tim mitchell unregistered |
Hey Bill, are you thinking of getting into the wood game? IP: Logged |
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bill keitel Member Posts: 740 From: worthington mn. usa Registered: Nov 1999 |
Hey Tim and all you IGS Adherents, To answer your question- I belong to this group of investors (no raised eyebrows please - small time investors) and though we stay within the confines of the stock market we do a bit of research now and then on companies that we either have an interest in, or want to know more about, hence my visiting with the Superior Logging Company. quite an inventive group of people, though their stock price 52 week high of .85 and low of .17 and present around .21. What caught my attention while visiting with the CEO is the fact that they will get this major publicity from some big time magazines in Feb. and this will raise investors awareness of their Company. (whats that worth?) The untold story is ,They have also bought up 100's of miles of leases in the Amazon(thats the Amazon! not Amazon.com) where there are some very sought after hardwoods. There are some interesting implications with this type of logging, very old wood, some in great condition other pc's sank because of rot and other types of wood ailments. Also the DNR ( in the U.S.) has a say in whats being harvested because these areas have become "friendly environments" to many types of fishes and they are being used as spawning beds(I think- I'm on thin ice here.) So only certain areas can be brought up to the surface at certain times of the year as not to disturb the eco-system. This company is small enough as not to be listed for sale in MN , so even if I was interested I can't own it in MN. I have never come across this before but I guess this is the plight of a fledgling company with limited resources. As for their financial status I don't have a clue, their pink sheets will be out in 30 to 45 days. There is a spread between the buy and sell that amounts to 15%, so speculation has some inherent risks and Please note, that I am not your financial advisor! However it intrigues me(I hate to stand on the side lines) and I will watch and see what happens to this company in the future. Harvested by the ton and sold by the ounce! Capitalism at its finest! Besides-Nationals really don't have that much wood in them anyway. latcho drom billk IP: Logged |
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bill keitel Member Posts: 740 From: worthington mn. usa Registered: Nov 1999 |
Resurecting one of the older topics of this forum......(note the date) Stratovarious violins, it appears were not made with "under water" lost timbers. (Having watched a recent documentary on the History
[This message has been edited by bill keitel (edited 01-09-2006).] IP: Logged |
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eskimo Member Posts: 3519 From: Midwest Registered: Feb 2004 |
I have also heard speculation that it was recycled timbers that he/ they used fairly often. Spruce and or maple that already had hundreds of years of drying when it was reused back then. IP: Logged |
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