Madera International - Symbol WOOD Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Madera International - Symbol WOOD

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David T. Groves who wrote (1701)	4/15/1999 10:24:00 AM
From: Alastair McIntosh	Read Replies (1) of 1979

David, thanks for the explanation. If I am reading the summary correctly, the $27,000,000 valuation is for 478,000 acres in Brazil plus substantial acreage in Bolivia and Peru that are long term concessions. If so, the value of the concessions in Bolivia and Peru should not be included in the valuation of the 478,000 acres in Brazil. The main point I was trying to make is that balance sheet valuations and book value should be based on cost. The only cost basis we have is what WOOD paid for the land ($1.76/acre). Al

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next