forest what forest

The Sino Forest debacle and the massive losses sustained by even so called savvy investors in that opaque entity inject the games of smoke and mirrors into the Oz forest scene . Shareholders are now at the mercy of the asset players. Maybe Chandler plans to hedge the Sino books (auditors still are not agreed on what the assets are ) with the wonderfully cheap Gunns forest assets via the diluted shareprice. The incompetetence of Gunns was always a sitting duck for the Purdy boys. FIRB want to really suck and see this one .The pulp mill is just a ptomkin mirage.