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To: Richard L. Williams who wrote (3523)1/22/1999 12:34:00 PM
From: John R Resseger  Respond to of 3693
 
This exclusive marketing agreement calls for the sale of company owned timberland in the State of Amazonas in Brazil for a total price of US$ 96 million,_<<< with an option for the sale of equal one-third portions.>>>> ( One third maybe?) Mr. Rudy Pitaluga, Director for Keyes Company's International Division in South Florida, stated that Keyes has received numerous inquiries from various international companies interested in purchasing these properties. There appears to be a good demand for land in these parts of the world because it is expected to increase in value very rapidly in the coming years



To: Richard L. Williams who wrote (3523)1/22/1999 1:15:00 PM
From: Lance  Respond to of 3693
 
If the 1/3 parcel is for 96 million U.S. They would still have over 500,000 acres left? Someone said they only harvest on 130,000 of it anyway.

Lance