RE:RE:WEF has 5 species in their fiber basket. WEF has access to more logs then they can mill. The biggest problem to lower log supply is the weather. They have closed 2 mills and made up for this by modernization and improvements at their other mills. Their milling margins are now 14% up from 7 % when they took over.. Going from memory here. Timber West, the largest timberland owner on the Island, owned by two governmnt pension plans, have zero mills to process their timber. I'm sure WEF can, and maybe does, access logs from them as need be?. As for the tenures they sold to the natives on Hiadi Gwaii? I believe they now buy the Cedar logs from them. The tax payers lost their royalties on those logs. I believe there was little effect on WEF as they were paid to give up their license. From what I understand WEF has no plans to log outside the coast of BC. They seem to be moving into the business of manufacturing their lumber into higher priced products, and now some of this maufacturing is moving into the USA to reduce the duties on these manufactured products.. I suspect we will comntinue to see margin improvements at WEF..