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Microcap & Penny Stocks : Madera Int. (WOOD) -- Ignore unavailable to you. Want to Upgrade?


To: Pdolphin who wrote (3451)1/13/1999 10:33:00 PM
From: Richard L. Williams  Read Replies (1) | Respond to of 3693
 
They are buying that much wood from others in reserves? Why pay someone else a piece of the pie? Or might they not have any trees which take 7-12 years before harvest maturity? HMMMMMMMM. <<

Ahh...your MO is clear...ask a question, throw in a HMMMM, and imply something is wrong.

What would clear up your doubt? A plane ticket to Manaus and a guided tour over all 707,000 acres?

Actually, Madera management would rather buy somebody else's trees than cut their own...why cut on your own property until you have to? We see the same effect in the US...people will stop pumping oil when the price falls too low, letting the oil come from other sources.

This approach is making money for the company...are you going to criticize it just because you can find a question mark somewhere?

I don't see any pumping going on reference the earnings reports about to come out...so who will do the dumping?

You are doing your best to paint this company and stock in a bad light. Is there any particular reason why?

Rick