Goose Bay Lumber

GBL is a wood products producer based in Goose Bay, Labrador, Canada. Labrador is greatly expanding and new industries are opening up. Labrador has vast amounts of untapped resources. GBL has the potential of becoming a major player in the forest industry in Eastern Canada.GBL is presently producing rough and dressed lumber and has an annual capacity of 6 million board feet but presently is producing 3 million board feet per year for the local market. We have markets for our entire production. The company will expand into more value added wood product in the near future. The company is a holder of Timber Rights and harvesting quota of 32,000 m3 annually. The company has a non-competition agreement with the only other forestry operation in the region. GBL gets all of this competitors high quality logs, so this gives GBL access to 60,000 m3 of logs per year. There is a forest management plan in place. GBL is in the unique position of having no local competition. The company gets it's raw material very cheap(logs).It presently has standing Purchase Orders for 3 million board feet and this number will soon increase drastically because of local development in the region, new hydro electric development and a large mining operation.The trucking rates are quite expensive for competitors to ship their wood products into the region but 90% of the trucks back hauling are leaving empty so the company can get very cheap rates shipping their product into other markets. Their are several things that are about to happen for the company that will increase production and provide high quality logs.GBL is also in negotiations with a company who wishes to produce our byproduct(slabs, wood chips and saw dust) into a wood fuel(wood pellets) for export. GBL will share in the profits of this operation at no expense to GBL.The company has experienced employees and management in place covering operations, management, marketing and sales.GBL is in a very unique position and would like to take advantage of this opportunity. Therefore the company is seeking an equity investor to invest 1 million.

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