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  4. Hollund Industrial Marine Inc. (HIMR) Message Board

Hold on Junebug. Hollund's competitor, Triton

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Post# of 17862
Posted On: 03/22/2013 11:48:44 AM
Posted By: Kgem
Re: junebug #710

Hold on Junebug.


Hollund's competitor, Triton Logging, a privately held company followed the exact same path for securing their logging concession in Ghana. It should be noted that Triton was established and in business for 12 years before acquiring this first big concession. Hollund's press release states that "they are commissioning a preliminary study to be completed on the target assets." This was a critical first step for Triton as well. The preliminary study Triton commissioned, included the underwater stock survey and inventory of commercial tree species in Volta Lake, and a comprehensive Environmental and Social Impact Assessment. This study was done to assess the timber resource potential in Volta Lake, and to determine the best harvesting, processing and marketing techniques that might be required. Once completed, funding and support came flooding in from around the world .



In my opinion, this press release is not fluff at all.  Instead, it is confirmation.  I also suggest that it is very interesting that Brazil was not mentioned in this press release.  Remember,  Hollund's shareholder update did mention other business opportunities, and this new release states Latin America.








http://www.gsb.stanford.edu/news/bmag/sbsm071...rvest.html








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