Team, just finished a long phone conversation with Tony Hernandez at NorthCal. I have his permission to make this post. First, there is no new order from NorthCal. He said they placed a sizable order a couple months ago, but nothing since. He understand there may have been a small problem with the road but all is OK. He understood trees starting coming out of the water Monday or Tuesday. I asked him was there some owners involved that may have gotten in over their heads and Hollund took on a larger portion of the project-he said yes, that's what he understands. There were a couple of previous owners of this concession, but he says all is worked out now he thinks. He brought up Mike Lacy-I asked him what he thought of Mike-he said he was a really outstanding addition to HIMR's team and knew a world about this industry and would be a tremendous asset to Hollund. He said I have 100% faith in Mike. I said his background from years ago seemed somewhat shady-he said he had heard that but he still thought Mike was an outstanding individual. He said he was as anxious as shareholders to get this rolling as he has buyers waiting for this wood. He said I will be perfectly honest, this "underwater wood" we call it is in demand in countries all around the world-all I need is for Hollund to get it out of the water for us. He said he would do some digging on any new developments for us. I told him I was not after insider information, just curious about the road and logs,etc. He said he understood and he does not own one share-he said I just want the wood. I said you are not worried about the demand, and he said absolutely not, I just need the wood ASAP.
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