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Strategies & Market Trends : Value Investing

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E_K_S
To: E_K_S who wrote (60477)3/5/2018 9:28:40 AM
From: robert b furman1 Recommendation   of 78476
 
Hi EKS,

In 1955 my parents planted 120 acres of red and white pine trees.

In 2004/2005 during a real estate housing boom I thinned the trees and received $62.62 per cord for what is called directional timber i.e.2x4"s, 2x6's, pulp was priced at $26.26 (small tops of the trees)

This week end I got a call from a lumber company offering $100 per cord for utility poles, $75.00 per cord for directional lumber and $35.00 per cord for pulp.

The call was unsolicited by me.

There is a hunt going on for good timber with in the US or so it appears.

Bob
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