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Microcap & Penny Stocks : Madera Int. (WOOD)
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To: Currency who wrote (2322)12/30/1998 5:41:00 PM
From: Ritchmc   of 3693
 
Volume at 15.7 million shares from buyers. Could someone be looking at that 700,000 acres of forest in Brazil and trying to gain control of the company? With asset value estimated around a $1 a share, could be a workable strategy for a company looking to own a big piece of the Amazon plus a couple of mills, websites, more forest in Peru, etc. What does anyone think?
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