OTCPK:TOUBF - Post by User
Comment by
Preteriston Oct 28, 2011 3:20pm
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Post# 19190942
RE: G&M's Sino Report/CBC related link
RE: G&M's Sino Report/CBC related linkIn Mark McKinnon's own words, "It is almost a bit unfair to Sino Forest that all this scrutiny has fallen on them."
Mark Mckinnon admits that this "middle man strategy" is common toseveral forestry companies, be it Chinese or foreign. Nothing newthere.
Does anyone know if these payments to the poor deprived village peopleis on an annual basis? Or is it a one-time thing. Remember, it is notthe land that is being bought and sold...just the trees. Man, I wishsomeone would come along and offer to buy my weeds in my back yard. Iain't doing nothing with them anyway...
Am I crazy or does The Current try to bash Sino Forest saying they wereraking in billions on one hand yet they are a total fraud on the otherhand?
"Last spring, there were a lot of smiling investors in a Chinese companycalled Sino-Forest. It had blossomed into the biggest forestry companyon the Toronto Stock Exchange. While other companies were smacked aroundby the biggest economic downturn in half-a-century, Sino-Forest wasraking in Billions."
What a joke! So, now we have Mark Mckinnon looking at the trees,realizing that these trees are being sold, and the company whoulitmately takes possession is making a tidy profit in doing so. Doesit look like Acadian Timber Corp (ADN) got smacked around last spring?NOT! It doubled in price. Not to mention that in March of 2009, justlike many other companies, TRE's share place had decreased by 75%...whata pack of lies to misinform the "unwilling to research" group.
Maybe we should send Mark McKinnon to NIKE and just about any other company on the North American exchange.
WAHHHHHHHHHH!!! I feel so bad that I am just gonna donate my shares to all those poor villagers...NOT!