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Microcap & Penny Stocks : AQCI where do you think it will go -- Ignore unavailable to you. Want to Upgrade?


To: dusty who wrote (831)6/9/1999 11:03:00 AM
From: birdseye  Read Replies (1) | Respond to of 1579
 
I've done some cursory checking on AQCI and I believe that the jury is still out concerning the economics of salvaging submerged timber.

From what I know, divers in the north country do not have a clue as to what type of log they are hauling up. The bark is off the tree and for all they know it could be a very valuable hardwood log or a much less valuable softwood log. The difference between a hemlock and a birdseye maple is unbelievable, and there's a lot more hemlock on the bottom of these lakes than there is birdseye.

I would also be concerned about the quality of the wood lying on the bottom of Brazilian reservoirs. One of the reasons why wood is so well preserved in the north country is because of the existence of a well defined thermocline. This is the boundary between warm water near the surface and cold water. The colder the water the better the wood is preserved. I don't know how well defined and how deep the thermocline would be in the tropics. I have seen logs pulled from 20 feet deep in a lake in Maine that were stained by the warmer water near the surface. I would assume that you would have to go much deeper in Brazil.

Also, once the logs are pulled from the water and are exposed to the air, they have to be either sawn immediately or treated with something to preserve the wood. Deterioration happens much more quickly when logs are pulled from the water.

BTW, I own and operate a company that specializes in valuable hardwood logs, so I do speak from some experience.

I have heard from others knowledgeable in the business that there is a lot of hype surrounding these types of operations and not a lot of profit.

Good luck to all.