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Gold/Mining/Energy : MONEY GUILD INC.---OTC:(MYGD) MAJOR Diamond,Gold Discovery -- Ignore unavailable to you. Want to Upgrade?


To: MoneyMade who wrote (247)11/25/1998 12:05:00 PM
From: tanoose  Respond to of 473
 
M$neyMade;

Form a poster on RB; just some numbers that we could be looking at??

stumpage prices
I have found some domestic stumpage prices for Missouri timber for sales in
July-September, 1998 as follows:

specie average price
Red Oak $0.175/BF
White Oak 0.165
Mixed Hardwoods 0.12
Black Walnut 0.295

I also spoke with a friend who is a buyer for the local branch of an importer of exotic
woods. he is aware of sales of large concessions of South American timber tracts.
Many are bought for sale to or by Japanese interests. Stumpage prices are in the
area of $0.10/BF. he feels there is a large worldwide market for Purpleheart use in
docks, decking and other outdoor use. Based on
400 million BF, this gives a value of $40,000,000
or $5.71 PER SHARE. I can live with that!!

Walster

Happy Thanksgiving everyone.

Thanks Walster for the DD??.......;-))

The potential is there, when you add in the Guyana JV, and the Venezuelan concessions, I think it adds up to quite a few Board Feet under MYGD's control??...............this is opportunity IMMHO??

With regards,Frank