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Confused? - Irish Forestry

Intrigue · 2009-05-08 15:09:53

I have a few questions on this maybe some of you guys can help! I know that you have explained that these audited statements are showing returns more like 3% as opposed to the 9% promised but how can they attribute a value to something that is not ready to be felled? Who puts a price on the value of the forestry do they do…

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08-05-2009 4:09pm

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Intrigue

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Join Date: March 2009

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I have a few questions on this maybe some of you guys can help!

I know that you have explained that these audited statements are showing returns more like 3% as opposed to the 9% promised but how can they attribute a value to something that is not ready to be felled?
Who puts a price on the value of the forestry do they do it or one of there employed foresters?
Also I found something quite interesting regarding the Irish forestry fund directors on AAM here > http://www.askaboutmoney.com/showthread.php?t=6699&page=4 Apparently the directors have teemed up with the directors of Helvetia wealth a stock company based in Switzerland who are now selling shares for them in there international forestry fund, does anyone know anymore about there relationship? Apparently there are some ties with a company called FSW Europe who got closed down by the financial regulator.

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