Madera International - Symbol WOOD Message Board

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Microcap & Penny Stocks : Madera International - Symbol WOOD

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To: myelin2 who wrote (676)	1/22/1999 12:37:00 PM
From: John T. Hardee	Read Replies (1) of 1979

Why is Madera selling it land?? This is what has happened recently which could have caused Madera to take this direction. The Brazil Gov 1997/1998 has opened up Gov controlled timber reservations for timber cutter. Reason - to better control the cutting of timber and making it a faster way to get the tree to market and saving Brazil a lot of money in control over a smaller area (gov reservations.) The Gov of Brazil has very little control over timber companies cutting on private land. IMHO, I can bet the Brazil Gov is telling Madera - they will be better off working with the Gov if they move to controlled gov land reservations. Now Brazil saves money watching over timber cutters cutting on private land. At this point, will this change the opinion of the World Bank (no approved loans to timber cutters cutting timber in the rainforest to if you are on Gov reservation cutting timber, a loan could be approved. This has been the main reason behind the seen for Madera not getting Bank loans is due to the World Bank stand in this matter.

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