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L.E. Caldwell Company Strategic Forestry Services … L.E. Caldwell Company Strategic Forestry...

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0 Fall 2011 Todd Caldwell L.E. Caldwell Company 1/13/2012 L.E. Caldwell Company Strategic Forestry Services BPL DRAFT #5 Timber Inventory Report
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Page 1: L.E. Caldwell Company Strategic Forestry Services … L.E. Caldwell Company Strategic Forestry Services Per Acre Volume Estimates by Type or Stand Super Type E1: Size 1 Prism BAF =

0

Fall2011

Todd Caldwell

L.E. Caldwell Company

1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

BPL DRAFT #5 Timber Inventory Report

Page 2: L.E. Caldwell Company Strategic Forestry Services … L.E. Caldwell Company Strategic Forestry Services Per Acre Volume Estimates by Type or Stand Super Type E1: Size 1 Prism BAF =

1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

THIS REPORT USES THE BELOW GIRARD FORM CLASS VALUES:Species Form ClassAspen 0.78Balsam fir 0.80Balsam poplar 0.78Basswood 0.80Beech 0.84Black ash 0.78Black birch 0.78Black cherry 0.80Black gum 0.78Black locust 0.78Black oak 0.78Black spruce 0.80Black walnut 0.78Butternut 0.78Chestnut oak 0.78Cucumbertree 0.78Dead hardwood 0.78Dead softwood 0.78Elm 0.78Hemlock 0.78Hophornbeam 0.78Other hardwd 0.78Other softwd 0.78Paper birch 0.78Pine(s) 0.79Red maple 0.79Red oak 0.78Red pine 0.80Red spruce 0.80Sassafras 0.78Scarlet oak 0.78Shagbark hickory 0.78Sugar maple 0.79Tamarack 0.80White ash 0.80White cedar 0.76White oak 0.78White pine 0.80White spruce 0.80Yellow birch 0.78

There are no assurances, warranties, or guarantees stated or implied by this report. 2 of 137

Page 3: L.E. Caldwell Company Strategic Forestry Services … L.E. Caldwell Company Strategic Forestry Services Per Acre Volume Estimates by Type or Stand Super Type E1: Size 1 Prism BAF =

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type E1: Size 1

Prism BAF = 15Acres = 1,094

# of Plots = 2

Acres Per Plot = 547.1

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 8.4 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 15.0 66.3 0 450 0 0 2.1 0.0 3.2

Red spruce 15.0 56.1 0 1,107 0 0 0.5 0.0 3.5

White cedar 30.0 50.2 0 1,093 0 0 3.0 0.3 5.8

White pine 7.5 3.1 0 1,262 0 0 0.0 0.6 2.9

Softwood 67.5 175.7 0 3,911 0 0 5.7 0.9 15.4

Other hardwd 0.0 0.0 0 0 0 0 0.0 0.0 0.0

Hardwood 0.0 0.0 0 0 0 0 0.0 0.0 0.0

Totals 67.5 175.7 0 3,911 0 0 5.7 0.9 15.4

There are no assurances, warranties, or guarantees stated or implied by this report. 3 of 137

Page 4: L.E. Caldwell Company Strategic Forestry Services … L.E. Caldwell Company Strategic Forestry Services Per Acre Volume Estimates by Type or Stand Super Type E1: Size 1 Prism BAF =

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type E1: Size 2/3

Prism BAF = 15Acres = 23,988

# of Plots = 158

Acres Per Plot = 151.8

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 8.5 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 6.1 22.5 0 302 0 0 0.3 0.3 1.3

Dead softwood 8.4 23.1 0 0 0 0 0.0 0.0 0.0

Hemlock 4.2 6.1 0 278 0 0 0.2 0.4 1.1

Red spruce 33.9 84.8 0 3,200 0 0 1.1 0.5 8.9

White cedar 12.2 22.4 0 378 0 0 0.4 1.2 2.5

White pine 4.3 3.9 0 484 0 0 0.0 0.5 1.4

White spruce 1.1 3.1 0 106 0 0 0.1 0.0 0.3

Softwood 70.3 165.8 0 4,747 0 0 2.1 2.9 15.5

Aspen 6.5 5.7 0 120 0 0 0.0 1.7 2.0

Beech 4.9 14.5 0 9 0 0 0.0 0.8 0.8

Black ash 0.4 0.7 0 12 0 0 0.0 0.1 0.1

Dead hardwood 7.3 20.7 0 0 0 0 0.0 0.0 0.0

Other hardwd 0.4 2.4 0 0 0 0 0.0 0.0 0.0

Paper birch 5.4 18.7 5 48 0 0 0.3 0.7 1.1

Red maple 16.2 56.6 0 119 0 0 0.5 2.7 3.4

Sugar maple 7.3 19.2 5 117 0 0 0.5 1.0 1.7

White ash 1.8 5.5 13 43 0 0 0.1 0.2 0.4

Yellow birch 7.3 16.1 28 206 0 0 0.3 0.8 1.6

Hardwood 57.5 160.2 51 673 0 0 1.8 8.1 11.3

Totals 127.8 326.0 51 5,420 0 0 3.9 11.0 26.7

There are no assurances, warranties, or guarantees stated or implied by this report. 4 of 137

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Per Acre Volume Estimates by Type or StandSuper Type E2: All

Prism BAF = 15Acres = 22,259

# of Plots = 105

Acres Per Plot = 212.0

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 9.6 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 7.7 33.2 0 326 0 0 0.4 0.3 1.5

Dead softwood 8.0 19.5 0 0 0 0 0.0 0.0 0.0

Hemlock 11.4 13.0 0 874 0 0 0.3 1.1 3.1

Red spruce 14.0 26.4 0 1,625 0 0 0.3 0.2 4.0

White cedar 15.6 25.6 0 411 0 0 0.5 1.9 3.2

White pine 9.4 11.9 0 1,097 0 0 0.1 1.0 3.0

White spruce 0.9 1.9 0 83 0 0 0.0 0.0 0.2

Softwood 67.0 131.5 0 4,416 0 0 1.6 4.4 15.0

Aspen 4.9 7.4 27 251 0 0 0.1 0.9 1.6

Beech 7.3 23.6 0 0 0 0 0.0 1.4 1.4

Dead hardwood 5.4 9.1 0 0 0 0 0.0 0.0 0.0

Other hardwd 0.9 5.3 0 0 0 0 0.0 0.1 0.1

Paper birch 2.0 2.6 0 69 0 0 0.1 0.3 0.5

Red maple 17.3 32.5 0 333 0 0 0.8 2.9 4.4

Sugar maple 2.6 3.1 0 104 0 0 0.0 0.5 0.7

White ash 4.0 6.8 29 158 0 0 0.3 0.4 1.1

Yellow birch 6.9 13.1 0 205 0 0 0.3 0.9 1.6

Hardwood 51.1 103.5 56 1,121 0 0 1.6 7.5 11.4

Totals 118.1 234.9 56 5,537 0 0 3.2 12.0 26.5

There are no assurances, warranties, or guarantees stated or implied by this report. 5 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type E3: Size 1

Prism BAF = 15Acres = 2,209

# of Plots = 11

Acres Per Plot = 200.8

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 7.8 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 4.1 26.9 0 0 0 0 0.5 0.1 0.6

Dead softwood 6.8 13.7 0 0 0 0 0.0 0.0 0.0

Hemlock 12.3 23.2 0 1,024 0 0 0.4 0.8 3.2

Red spruce 10.9 35.5 0 567 0 0 0.3 0.7 2.4

White cedar 12.3 18.1 0 197 0 0 0.0 1.6 2.0

White pine 15.0 43.7 0 1,052 0 0 1.0 0.7 3.7

White spruce 1.4 3.9 0 107 0 0 0.0 0.0 0.3

Softwood 62.7 165.0 0 2,946 0 0 2.2 3.9 12.1

Aspen 8.2 34.3 0 97 0 0 0.2 1.3 1.7

Dead hardwood 1.4 6.9 0 0 0 0 0.0 0.0 0.0

Other hardwd 0.0 0.0 0 0 0 0 0.0 0.0 0.0

Paper birch 1.4 6.9 0 0 0 0 0.2 0.0 0.2

Red maple 16.4 58.5 0 0 0 0 1.3 2.0 3.3

Hardwood 27.3 106.7 0 97 0 0 1.7 3.3 5.2

Totals 90.0 271.6 0 3,043 0 0 3.9 7.1 17.3

There are no assurances, warranties, or guarantees stated or implied by this report. 6 of 137

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Per Acre Volume Estimates by Type or StandSuper Type E3: Size 2/3

Prism BAF = 15Acres = 26,781

# of Plots = 149

Acres Per Plot = 179.7

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 9.1 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 2.7 12.2 0 118 0 0 0.1 0.1 0.5

Black spruce 0.1 0.2 0 7 0 0 0.0 0.0 0.0

Dead softwood 7.9 21.3 0 0 0 0 0.0 0.0 0.0

Hemlock 23.8 42.8 0 1,517 0 0 1.0 2.0 6.0

Red pine 1.4 1.3 0 157 0 0 0.0 0.1 0.4

Red spruce 29.6 70.3 0 2,997 0 0 0.9 0.5 8.1

White cedar 11.0 23.1 0 178 0 0 0.2 1.1 1.7

White pine 8.5 10.9 0 868 0 0 0.2 0.8 2.6

White spruce 0.3 0.8 0 22 0 0 0.0 0.0 0.1

Softwood 85.2 182.9 0 5,862 0 0 2.5 4.6 19.5

Aspen 2.6 6.2 0 51 0 0 0.1 0.5 0.7

Balsam poplar 0.1 0.3 0 0 0 0 0.0 0.0 0.0

Beech 5.8 16.5 0 8 0 0 0.0 1.2 1.2

Black ash 0.4 0.3 0 10 0 0 0.0 0.1 0.1

Dead hardwood 1.9 3.9 0 0 0 0 0.0 0.0 0.0

Other hardwd 0.7 4.1 0 0 0 0 0.0 0.1 0.1

Paper birch 1.7 5.7 10 57 0 0 0.1 0.2 0.4

Red maple 8.4 21.3 5 52 0 0 0.2 1.5 1.8

Sugar maple 2.6 2.3 0 148 0 0 0.1 0.5 0.8

White ash 0.7 0.7 8 43 0 0 0.0 0.1 0.2

Yellow birch 4.6 9.5 8 154 0 0 0.1 0.6 1.1

Hardwood 29.6 70.7 31 524 0 0 0.6 4.8 6.5

Totals 114.8 253.7 31 6,386 0 0 3.1 9.4 26.0

There are no assurances, warranties, or guarantees stated or implied by this report. 7 of 137

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Per Acre Volume Estimates by Type or StandSuper Type E4: Size 1

Prism BAF = 15Acres = 2,464

# of Plots = 7

Acres Per Plot = 352.1

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 8.6 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 8.6 47.5 0 257 0 0 0.5 0.0 1.1

Black spruce 15.0 50.2 0 900 0 0 0.4 0.2 2.7

Dead softwood 12.9 42.3 0 0 0 0 0.0 0.0 0.0

Red spruce 15.0 32.3 0 1,357 0 0 0.6 0.0 3.6

White cedar 30.0 35.8 0 1,822 0 0 1.2 2.0 7.3

White pine 4.3 13.6 0 101 0 0 0.3 0.3 0.8

Softwood 85.7 221.7 0 4,436 0 0 3.0 2.5 15.5

Other hardwd 0.0 0.0 0 0 0 0 0.0 0.0 0.0

Paper birch 6.4 15.4 0 422 0 0 0.2 0.4 1.4

Red maple 4.3 4.1 0 138 0 0 0.0 0.9 1.1

Hardwood 10.7 19.5 0 560 0 0 0.2 1.2 2.5

Totals 96.4 241.2 0 4,997 0 0 3.2 3.7 18.0

There are no assurances, warranties, or guarantees stated or implied by this report. 8 of 137

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Per Acre Volume Estimates by Type or StandSuper Type E4: Size 2/3

Prism BAF = 15Acres = 20,271

# of Plots = 128

Acres Per Plot = 158.4

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 8.4 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 15.4 66.6 0 451 0 0 0.6 0.9 2.6

Dead softwood 9.1 31.6 0 0 0 0 0.0 0.0 0.0

Hemlock 7.4 11.0 0 496 0 0 0.2 0.6 1.8

Red spruce 26.1 48.8 0 2,654 0 0 0.7 0.5 6.9

Tamarack 0.1 0.2 0 14 0 0 0.0 0.0 0.0

White cedar 12.0 23.0 0 327 0 0 0.4 1.1 2.2

White pine 2.1 3.5 0 185 0 0 0.1 0.1 0.6

White spruce 0.4 0.3 0 53 0 0 0.0 0.0 0.1

Softwood 72.5 184.9 0 4,180 0 0 2.1 3.0 14.2

Aspen 0.4 0.7 0 6 0 0 0.0 0.1 0.1

Beech 1.3 5.0 0 0 0 0 0.0 0.2 0.2

Black ash 0.5 1.1 0 0 0 0 0.0 0.0 0.0

Dead hardwood 4.2 9.6 0 0 0 0 0.0 0.0 0.0

Other hardwd 0.2 1.7 0 0 0 0 0.0 0.0 0.0

Paper birch 6.0 21.6 0 35 0 0 0.4 0.6 1.1

Red maple 12.4 30.0 0 116 0 0 0.4 2.1 2.7

Red oak 4.1 10.6 0 50 0 0 0.3 0.5 0.8

Sugar maple 2.1 5.3 6 20 0 0 0.1 0.3 0.5

White ash 0.2 1.0 0 7 0 0 0.0 0.0 0.0

Yellow birch 6.0 13.4 18 78 0 0 0.1 0.7 1.0

Hardwood 37.4 99.9 24 313 0 0 1.4 4.5 6.5

Totals 109.9 284.8 24 4,493 0 0 3.5 7.6 20.7

There are no assurances, warranties, or guarantees stated or implied by this report. 9 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type N1: Size 1

Prism BAF = 15Acres = 6,182

# of Plots = 10

Acres Per Plot = 618.2

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 6.9 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 18.0 74.8 0 905 0 0 1.2 0.1 3.5

Dead softwood 1.5 5.6 0 0 0 0 0.0 0.0 0.0

Red spruce 33.0 99.2 0 2,749 0 0 1.2 0.4 7.7

White cedar 1.5 0.8 0 18 0 0 0.0 0.2 0.3

White pine 1.5 0.6 0 217 0 0 0.0 0.1 0.5

White spruce 1.5 4.3 0 118 0 0 0.0 0.0 0.3

Softwood 57.0 185.2 0 4,007 0 0 2.5 0.8 12.4

Dead hardwood 6.0 13.8 0 0 0 0 0.0 0.0 0.0

Other hardwd 0.0 0.0 0 0 0 0 0.0 0.0 0.0

Paper birch 6.0 30.6 0 0 0 0 0.0 0.7 0.7

Red maple 12.0 70.5 0 0 0 0 0.0 1.4 1.4

Sugar maple 1.5 11.0 0 0 0 0 0.1 0.0 0.1

Yellow birch 4.5 25.4 0 0 0 0 0.0 0.5 0.5

Hardwood 30.0 151.3 0 0 0 0 0.1 2.7 2.8

Totals 87.0 336.6 0 4,007 0 0 2.6 3.5 15.2

There are no assurances, warranties, or guarantees stated or implied by this report. 10 of 137

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Per Acre Volume Estimates by Type or StandSuper Type N1: Size 2/3

Prism BAF = 15Acres = 34,786

# of Plots = 230

Acres Per Plot = 151.2

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 8.8 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 19.6 71.7 0 1,188 0 0 1.0 0.4 4.3

Black spruce 0.5 1.3 0 47 0 0 0.0 0.0 0.1

Dead softwood 6.3 16.7 0 0 0 0 0.0 0.0 0.0

Hemlock 0.1 0.1 0 11 0 0 0.0 0.0 0.0

Red pine 0.1 0.6 0 0 0 0 0.0 0.0 0.0

Red spruce 19.9 43.3 0 2,153 0 0 0.5 0.3 5.5

Tamarack 0.7 1.8 0 43 0 0 0.1 0.0 0.2

White cedar 20.9 33.7 0 505 0 0 0.5 2.8 4.4

White pine 0.3 0.2 0 51 0 0 0.0 0.0 0.1

White spruce 4.0 8.3 0 465 0 0 0.1 0.0 1.1

Softwood 72.5 177.9 0 4,462 0 0 2.3 3.6 15.8

Aspen 2.5 5.1 7 52 0 0 0.2 0.5 0.7

Balsam poplar 0.5 0.8 0 20 0 0 0.0 0.1 0.1

Beech 2.6 6.9 0 0 0 0 0.0 0.5 0.5

Dead hardwood 5.0 8.2 0 0 0 0 0.0 0.0 0.0

Other hardwd 0.6 2.5 0 6 0 0 0.0 0.1 0.1

Paper birch 4.9 17.3 0 38 0 0 0.4 0.5 1.0

Red maple 8.2 20.9 0 108 0 0 0.2 1.4 1.8

Sugar maple 12.7 20.9 16 404 0 0 0.5 2.1 3.4

Yellow birch 11.0 24.1 13 274 0 0 0.5 1.4 2.4

Hardwood 48.0 106.7 37 902 0 0 1.8 6.4 10.0

Totals 120.5 284.6 37 5,365 0 0 4.1 10.0 25.8

There are no assurances, warranties, or guarantees stated or implied by this report. 11 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type N2: Size 1

Prism BAF = 15Acres = 3,577

# of Plots = 8

Acres Per Plot = 447.1

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 7.2 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 24.4 112.2 0 925 0 0 1.9 0.3 4.5

Black spruce 1.9 13.8 0 0 0 0 0.3 0.0 0.3

Dead softwood 7.5 12.1 0 0 0 0 0.0 0.0 0.0

Red spruce 11.3 23.4 0 1,082 0 0 0.1 0.1 2.8

Tamarack 1.9 2.4 0 190 0 0 0.0 0.2 0.6

White cedar 18.8 58.7 0 259 0 0 0.7 2.0 3.2

White pine 1.9 1.3 0 254 0 0 0.0 0.1 0.6

White spruce 1.9 2.4 0 270 0 0 0.0 0.0 0.6

Softwood 69.4 226.3 0 2,980 0 0 2.9 2.9 12.6

Aspen 15.0 80.6 0 0 0 0 0.0 2.7 2.7

Beech 7.5 35.2 0 0 0 0 0.0 0.9 0.9

Dead hardwood 5.6 7.3 0 0 0 0 0.0 0.0 0.0

Other hardwd 0.0 0.0 0 0 0 0 0.0 0.0 0.0

Paper birch 1.9 9.5 0 0 0 0 0.0 0.3 0.3

Sugar maple 1.9 0.9 0 182 0 0 0.0 0.2 0.6

Hardwood 31.9 133.6 0 182 0 0 0.0 4.1 4.5

Totals 101.3 359.9 0 3,162 0 0 2.9 7.0 17.1

There are no assurances, warranties, or guarantees stated or implied by this report. 12 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type N2: Size 2/3

Prism BAF = 15Acres = 27,554

# of Plots = 142

Acres Per Plot = 194.0

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 8.8 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 19.3 71.6 0 1,123 0 0 0.8 0.7 4.1

Black spruce 0.5 2.9 0 0 0 0 0.1 0.0 0.1

Dead softwood 6.0 14.0 0 0 0 0 0.0 0.0 0.0

Hemlock 3.8 2.8 0 173 0 0 0.0 0.7 1.1

Red spruce 12.6 28.1 0 1,318 0 0 0.3 0.2 3.4

Tamarack 1.1 1.2 0 113 0 0 0.0 0.1 0.4

White cedar 21.8 42.5 0 494 0 0 0.5 2.9 4.5

White pine 1.0 0.8 0 130 0 0 0.0 0.1 0.3

White spruce 1.7 2.9 0 215 0 0 0.0 0.0 0.5

Softwood 67.7 166.9 0 3,566 0 0 1.8 4.8 14.5

Aspen 3.2 4.9 0 72 0 0 0.0 0.8 0.9

Beech 3.8 11.8 0 0 0 0 0.0 0.6 0.6

Black ash 1.4 6.2 0 0 0 0 0.0 0.2 0.2

Dead hardwood 5.7 12.8 0 0 0 0 0.0 0.0 0.0

Other hardwd 0.7 2.5 0 0 0 0 0.0 0.1 0.1

Paper birch 2.7 13.3 0 0 0 0 0.1 0.3 0.4

Red maple 10.1 17.4 5 134 0 0 0.1 2.1 2.5

Sugar maple 9.8 17.5 5 301 0 0 0.3 1.6 2.4

Yellow birch 5.3 9.7 5 112 0 0 0.1 0.9 1.2

Hardwood 42.8 96.2 16 619 0 0 0.7 6.6 8.5

Totals 110.5 263.1 16 4,185 0 0 2.5 11.4 23.0

There are no assurances, warranties, or guarantees stated or implied by this report. 13 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type N3: Size 1

Prism BAF = 15Acres = 1,851

# of Plots = 2

Acres Per Plot = 925.4

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 8.6 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 15.0 28.3 0 1,702 0 0 0.3 0.0 4.2

Red spruce 52.5 131.5 0 4,848 0 0 1.3 0.1 13.0

Softwood 67.5 159.9 0 6,551 0 0 1.7 0.1 17.2

Paper birch 7.5 17.0 0 0 0 0 1.1 0.5 1.6

Red maple 7.5 38.2 0 0 0 0 0.0 1.1 1.1

Yellow birch 7.5 7.0 0 0 0 0 0.0 1.4 1.4

Hardwood 22.5 62.2 0 0 0 0 1.1 3.0 4.1

Totals 90.0 222.1 0 6,551 0 0 2.8 3.1 21.3

There are no assurances, warranties, or guarantees stated or implied by this report. 14 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type N3: Size 2/3

Prism BAF = 15Acres = 26,106

# of Plots = 133

Acres Per Plot = 196.3

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 8.8 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 10.7 44.9 0 513 0 0 0.7 0.1 2.0

Black spruce 2.7 11.7 0 120 0 0 0.2 0.0 0.5

Dead softwood 6.9 18.5 0 0 0 0 0.0 0.0 0.0

Hemlock 1.5 0.9 0 148 0 0 0.0 0.1 0.4

Red spruce 24.6 52.5 0 2,699 0 0 0.5 0.5 6.8

White cedar 19.4 32.8 0 660 0 0 0.5 1.7 3.6

White pine 2.9 2.0 0 469 0 0 0.0 0.2 1.0

White spruce 1.0 1.2 0 147 0 0 0.0 0.0 0.3

Softwood 69.7 164.5 0 4,756 0 0 1.9 2.6 14.8

Aspen 1.5 3.5 0 28 0 0 0.1 0.2 0.4

Beech 1.8 3.3 0 0 0 0 0.0 0.3 0.3

Dead hardwood 3.6 9.0 0 0 0 0 0.0 0.0 0.0

Other hardwd 0.9 4.5 0 0 0 0 0.0 0.1 0.1

Paper birch 2.0 6.3 13 51 0 0 0.2 0.2 0.4

Red maple 6.5 18.5 4 70 0 0 0.1 1.1 1.4

Sugar maple 6.7 7.1 0 261 0 0 0.1 1.3 1.8

White ash 0.5 1.2 0 16 0 0 0.0 0.0 0.1

Yellow birch 9.7 23.6 28 183 0 0 0.3 1.1 1.8

Hardwood 33.2 77.0 45 610 0 0 0.7 4.3 6.3

Totals 102.9 241.6 45 5,366 0 0 2.6 6.9 21.0

There are no assurances, warranties, or guarantees stated or implied by this report. 15 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type N4: Size 1

Prism BAF = 15Acres = 1,542

# of Plots = 2

Acres Per Plot = 770.9

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 7.5 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Dead softwood 7.5 7.0 0 0 0 0 0.0 0.0 0.0

Softwood 7.5 7.0 0 0 0 0 0.0 0.0 0.0

Aspen 15.0 30.7 0 0 0 0 0.0 3.6 3.6

Sugar maple 15.0 93.2 0 0 0 0 0.0 1.1 1.1

White ash 15.0 38.5 0 0 0 0 1.7 1.4 3.1

Hardwood 45.0 162.4 0 0 0 0 1.7 6.1 7.8

Totals 52.5 169.4 0 0 0 0 1.7 6.1 7.8

There are no assurances, warranties, or guarantees stated or implied by this report. 16 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type N4: Size 2/3

Prism BAF = 15Acres = 28,945

# of Plots = 193

Acres Per Plot = 150.0

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 9.0 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 13.4 56.7 0 559 0 0 0.8 0.4 2.6

Black spruce 0.9 3.1 0 47 0 0 0.1 0.0 0.2

Dead softwood 4.7 9.0 0 0 0 0 0.0 0.0 0.0

Hemlock 11.7 8.4 0 504 0 0 0.0 2.3 3.2

Red spruce 22.1 43.4 0 2,394 0 0 0.5 0.4 6.1

Tamarack 0.5 0.9 0 12 0 0 0.1 0.1 0.2

White cedar 11.6 17.8 0 241 0 0 0.2 1.6 2.4

White pine 1.3 0.6 0 186 0 0 0.0 0.1 0.5

White spruce 0.5 1.5 0 50 0 0 0.0 0.0 0.1

Softwood 66.7 141.5 0 3,991 0 0 1.7 4.9 15.3

Aspen 1.8 3.5 0 24 0 0 0.0 0.5 0.6

Balsam poplar 0.2 0.5 0 0 0 0 0.0 0.0 0.0

Beech 4.4 17.3 0 0 0 0 0.0 0.6 0.6

Black ash 0.3 1.0 0 0 0 0 0.0 0.0 0.0

Dead hardwood 4.0 8.8 0 0 0 0 0.0 0.0 0.0

Other hardwd 0.8 4.0 0 0 0 0 0.0 0.1 0.1

Paper birch 1.7 5.7 4 12 0 0 0.1 0.3 0.4

Red maple 8.9 20.9 0 110 0 0 0.0 1.8 2.1

Sugar maple 9.0 12.3 14 266 0 0 0.2 1.6 2.3

White ash 0.7 2.6 0 4 0 0 0.0 0.1 0.2

Yellow birch 8.6 21.8 29 127 0 0 0.2 1.3 1.8

Hardwood 40.5 98.5 47 544 0 0 0.5 6.3 8.0

Totals 107.2 240.0 47 4,535 0 0 2.2 11.2 23.3

There are no assurances, warranties, or guarantees stated or implied by this report. 17 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type W1: Size 1

Prism BAF = 15Acres = 5,285

# of Plots = 21

Acres Per Plot = 251.7

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 7.6 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 18.6 95.5 0 513 0 0 1.7 0.1 3.0

Dead softwood 2.9 4.1 0 0 0 0 0.0 0.0 0.0

Red spruce 18.6 58.8 0 1,395 0 0 0.6 0.5 4.3

White cedar 2.1 2.7 0 46 0 0 0.0 0.2 0.3

White pine 3.6 1.8 0 549 0 0 0.0 0.2 1.2

Softwood 45.7 162.8 0 2,503 0 0 2.3 1.0 8.8

Dead hardwood 7.1 25.2 0 0 0 0 0.0 0.0 0.0

Other hardwd 0.7 5.2 0 0 0 0 0.0 0.1 0.1

Paper birch 10.7 35.4 0 22 0 0 1.2 0.6 1.9

Red maple 20.0 70.1 0 249 0 0 2.0 1.8 4.2

Sugar maple 12.9 23.8 0 571 0 0 0.5 1.6 3.2

Yellow birch 12.1 21.3 0 258 0 0 0.7 1.2 2.4

Hardwood 63.6 181.0 0 1,100 0 0 4.3 5.3 11.8

Totals 109.3 343.8 0 3,604 0 0 6.6 6.3 20.6

There are no assurances, warranties, or guarantees stated or implied by this report. 18 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type W1: Size 2/3

Prism BAF = 15Acres = 41,159

# of Plots = 269

Acres Per Plot = 153.0

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 8.8 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 6.9 26.0 0 293 0 0 0.3 0.2 1.1

Black spruce 3.4 10.0 0 265 0 0 0.1 0.0 0.8

Dead softwood 3.6 11.0 0 0 0 0 0.0 0.0 0.0

Hemlock 1.6 2.2 0 113 0 0 0.1 0.1 0.3

Red pine 0.1 0.0 0 6 0 0 0.0 0.0 0.0

Red spruce 18.8 41.6 0 1,798 0 0 0.5 0.3 4.8

White cedar 1.6 2.6 0 56 0 0 0.1 0.1 0.3

White pine 2.3 1.6 0 351 0 0 0.0 0.2 0.8

Softwood 38.3 95.0 0 2,882 0 0 1.0 0.9 8.3

Aspen 0.9 2.7 4 40 0 0 0.1 0.1 0.2

Beech 6.0 12.7 0 18 0 0 0.0 1.2 1.3

Black cherry 0.1 0.2 0 0 0 0 0.0 0.0 0.0

Dead hardwood 7.3 15.1 0 0 0 0 0.0 0.0 0.0

Other hardwd 1.3 6.4 0 0 0 0 0.0 0.2 0.2

Paper birch 9.4 28.8 3 110 0 0 0.9 0.6 1.8

Red maple 8.8 19.5 3 226 0 0 0.6 1.0 2.0

Red oak 0.7 0.9 10 36 0 0 0.0 0.1 0.2

Sugar maple 14.9 30.6 35 468 0 0 0.9 1.5 3.4

White ash 0.6 1.0 0 21 0 0 0.1 0.1 0.2

Yellow birch 16.4 33.6 42 426 0 0 0.9 1.5 3.3

Hardwood 66.3 151.6 97 1,344 0 0 3.6 6.1 12.4

Totals 104.6 246.5 97 4,226 0 0 4.6 7.0 20.7

There are no assurances, warranties, or guarantees stated or implied by this report. 19 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type W2: Size 1

Prism BAF = 15Acres = 1,092

# of Plots = 4

Acres Per Plot = 273.1

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 7.3 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 11.3 55.1 0 234 0 0 0.8 0.4 1.8

Dead softwood 7.5 18.1 0 0 0 0 0.0 0.0 0.0

Red spruce 26.3 107.8 0 1,572 0 0 0.7 1.1 5.2

White cedar 30.0 69.5 0 264 0 0 0.0 4.2 4.7

White pine 3.8 19.1 0 0 0 0 0.0 0.5 0.5

Softwood 78.8 269.6 0 2,071 0 0 1.5 6.2 12.3

Aspen 11.3 30.5 0 168 0 0 0.0 2.7 3.0

Beech 3.8 27.5 0 0 0 0 0.0 0.6 0.6

Paper birch 11.3 52.3 0 0 0 0 1.1 1.0 2.1

Red maple 33.8 105.7 0 0 0 0 0.0 8.2 8.2

Yellow birch 7.5 15.4 0 0 0 0 0.6 0.8 1.4

Hardwood 67.5 231.3 0 168 0 0 1.7 13.3 15.3

Totals 146.3 500.9 0 2,239 0 0 3.2 19.5 27.6

There are no assurances, warranties, or guarantees stated or implied by this report. 20 of 137

Page 21: L.E. Caldwell Company Strategic Forestry Services … L.E. Caldwell Company Strategic Forestry Services Per Acre Volume Estimates by Type or Stand Super Type E1: Size 1 Prism BAF =

1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type W2: Size 2/3

Prism BAF = 15Acres = 30,164

# of Plots = 171

Acres Per Plot = 176.4

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 9.0 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 9.7 42.9 0 390 0 0 0.4 0.4 1.8

Black spruce 1.1 5.3 0 44 0 0 0.1 0.0 0.2

Dead softwood 5.7 16.0 0 0 0 0 0.0 0.0 0.0

Hemlock 4.3 4.3 0 273 0 0 0.0 0.7 1.2

Red spruce 23.9 48.7 0 2,496 0 0 0.5 0.4 6.4

Tamarack 0.1 0.3 0 0 0 0 0.0 0.0 0.0

White cedar 8.3 14.2 0 57 0 0 0.0 1.2 1.4

White pine 5.3 5.7 0 533 0 0 0.1 0.6 1.7

White spruce 1.4 3.6 0 132 0 0 0.0 0.0 0.4

Softwood 59.7 140.8 0 3,925 0 0 1.3 3.2 13.0

Aspen 3.3 6.0 0 81 0 0 0.0 0.8 1.0

Balsam poplar 0.3 0.7 0 0 0 0 0.0 0.1 0.1

Beech 4.6 11.4 0 0 0 0 0.0 0.8 0.8

Black ash 0.4 2.2 0 0 0 0 0.0 0.0 0.1

Dead hardwood 6.0 13.0 0 0 0 0 0.0 0.0 0.0

Other hardwd 0.9 3.2 0 0 0 0 0.0 0.2 0.2

Paper birch 6.3 18.4 0 138 0 0 0.2 1.1 1.5

Red maple 15.4 39.6 0 143 0 0 0.1 3.1 3.5

Red oak 0.1 0.1 0 9 0 0 0.0 0.0 0.0

Sugar maple 17.0 23.5 43 586 0 0 0.1 3.3 4.6

White ash 2.5 6.2 7 90 0 0 0.1 0.4 0.6

Yellow birch 7.3 12.0 4 108 0 0 0.1 1.2 1.5

Hardwood 64.0 136.4 55 1,157 0 0 0.6 11.0 14.0

Totals 123.8 277.2 55 5,082 0 0 1.9 14.3 27.0

There are no assurances, warranties, or guarantees stated or implied by this report. 21 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type W3: Size 1

Prism BAF = 15Acres = 1,097

# of Plots = 4

Acres Per Plot = 274.3

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 6.3 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 3.8 27.5 0 0 0 0 0.3 0.0 0.3

Red spruce 15.0 55.7 0 645 0 0 0.3 1.2 3.1

Softwood 18.8 83.2 0 645 0 0 0.6 1.2 3.4

Aspen 15.0 79.7 0 0 0 0 0.0 3.4 3.4

Other hardwd 0.0 0.0 0 0 0 0 0.0 0.0 0.0

Sugar maple 3.8 2.4 0 409 0 0 0.0 0.5 1.3

Yellow birch 3.8 27.5 0 0 0 0 0.3 0.0 0.3

Hardwood 22.5 109.6 0 409 0 0 0.3 3.9 4.9

Totals 41.3 192.8 0 1,053 0 0 0.9 5.1 8.3

There are no assurances, warranties, or guarantees stated or implied by this report. 22 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type W3: Size 2/3

Prism BAF = 15Acres = 21,225

# of Plots = 136

Acres Per Plot = 156.1

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 9.0 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 11.5 43.9 0 443 0 0 0.3 0.6 2.0

Black spruce 0.1 0.2 0 9 0 0 0.0 0.0 0.0

Dead softwood 6.5 15.5 0 0 0 0 0.0 0.0 0.0

Hemlock 0.4 0.2 0 14 0 0 0.0 0.1 0.1

Red pine 2.0 4.0 0 136 0 0 0.1 0.1 0.5

Red spruce 23.7 49.9 0 2,495 0 0 0.6 0.4 6.5

Tamarack 0.2 0.3 0 23 0 0 0.0 0.0 0.1

White cedar 5.3 8.0 0 59 0 0 0.0 0.8 0.9

White pine 4.1 2.3 0 566 0 0 0.0 0.4 1.5

White spruce 1.9 5.5 0 162 0 0 0.1 0.0 0.4

Softwood 55.7 129.9 0 3,907 0 0 1.1 2.5 12.1

Aspen 4.4 4.9 0 151 0 0 0.0 1.1 1.4

Balsam poplar 0.3 0.3 0 0 0 0 0.0 0.1 0.1

Beech 2.5 8.1 0 0 0 0 0.0 0.3 0.3

Black ash 0.6 1.6 0 5 0 0 0.0 0.1 0.1

Black cherry 0.1 0.2 0 0 0 0 0.0 0.0 0.0

Dead hardwood 6.4 13.6 0 0 0 0 0.0 0.0 0.0

Other hardwd 0.6 3.3 0 0 0 0 0.0 0.1 0.1

Paper birch 5.3 19.7 14 36 0 0 0.1 0.7 0.9

Red maple 16.7 41.5 0 136 0 0 0.1 3.5 3.9

Sugar maple 11.3 21.1 5 274 0 0 0.3 2.0 2.8

White ash 0.6 1.8 0 5 0 0 0.0 0.1 0.1

Yellow birch 10.8 17.2 9 282 0 0 0.2 1.5 2.2

Hardwood 59.4 133.1 28 890 0 0 0.7 9.4 11.9

Totals 115.1 263.0 28 4,797 0 0 1.8 11.9 24.0

There are no assurances, warranties, or guarantees stated or implied by this report. 23 of 137

Page 24: L.E. Caldwell Company Strategic Forestry Services … L.E. Caldwell Company Strategic Forestry Services Per Acre Volume Estimates by Type or Stand Super Type E1: Size 1 Prism BAF =

1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type W4: Size 1

Prism BAF = 15Acres = 2,043

# of Plots = 5

Acres Per Plot = 408.6

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 7.5 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 6.0 24.2 0 188 0 0 0.0 0.7 1.1

Red spruce 3.0 6.8 0 205 0 0 0.0 0.1 0.6

White cedar 24.0 59.4 0 516 0 0 0.9 2.4 4.4

Softwood 33.0 90.4 0 910 0 0 0.9 3.2 6.0

Aspen 3.0 3.3 0 217 0 0 0.0 0.4 0.9

Other hardwd 6.0 22.5 0 0 0 0 0.0 1.1 1.1

Paper birch 15.0 55.9 0 355 0 0 0.7 1.3 2.6

Red maple 27.0 116.6 0 219 0 0 0.2 3.7 4.3

Sugar maple 3.0 8.6 0 0 0 0 0.0 0.6 0.6

Yellow birch 12.0 23.7 0 0 0 0 0.0 1.6 1.6

Hardwood 66.0 230.4 0 791 0 0 0.9 8.6 11.1

Totals 99.0 320.8 0 1,700 0 0 1.8 11.8 17.1

There are no assurances, warranties, or guarantees stated or implied by this report. 24 of 137

Page 25: L.E. Caldwell Company Strategic Forestry Services … L.E. Caldwell Company Strategic Forestry Services Per Acre Volume Estimates by Type or Stand Super Type E1: Size 1 Prism BAF =

1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type W4: Size 2/3

Prism BAF = 15Acres = 18,705

# of Plots = 80

Acres Per Plot = 233.8

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 9.1 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 9.0 33.1 0 514 0 0 0.3 0.3 1.8

Dead softwood 6.6 17.2 0 0 0 0 0.0 0.0 0.0

Hemlock 2.1 2.9 0 80 0 0 0.0 0.4 0.5

Red spruce 21.8 53.3 0 1,958 0 0 0.6 0.3 5.3

White cedar 5.4 6.5 0 136 0 0 0.0 0.8 1.1

White pine 0.4 0.4 0 47 0 0 0.0 0.0 0.1

White spruce 3.0 4.3 0 391 0 0 0.0 0.1 0.9

Softwood 48.2 117.7 0 3,125 0 0 0.9 1.9 9.8

Aspen 5.1 7.1 0 205 0 0 0.2 1.0 1.6

Beech 10.7 29.9 0 0 0 0 0.0 1.6 1.6

Dead hardwood 9.2 19.8 0 0 0 0 0.0 0.0 0.0

Other hardwd 1.1 5.6 0 0 0 0 0.0 0.1 0.1

Paper birch 3.6 9.6 0 38 0 0 0.2 0.4 0.7

Red maple 13.7 34.9 0 174 0 0 0.1 2.5 3.0

Sugar maple 16.7 18.9 33 654 0 0 0.3 2.8 4.5

White ash 0.8 2.7 0 0 0 0 0.1 0.1 0.2

Yellow birch 10.1 19.4 28 241 0 0 0.1 1.4 2.0

Hardwood 70.9 148.1 61 1,312 0 0 1.0 10.0 13.7

Totals 119.1 265.9 61 4,438 0 0 2.0 11.9 23.5

There are no assurances, warranties, or guarantees stated or implied by this report. 25 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type W5: Size 1

Prism BAF = 15Acres = 395

# of Plots = 1

Acres Per Plot = 395.3

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 10.5 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Dead hardwood 15.0 10.7 0 0 0 0 0.0 0.0 0.0

White ash 30.0 78.9 0 683 0 0 1.0 3.9 6.2

Yellow birch 30.0 34.4 0 1,645 0 0 3.0 3.8 9.9

Hardwood 75.0 124.0 0 2,328 0 0 4.0 7.7 16.0

Totals 75.0 124.0 0 2,328 0 0 4.0 7.7 16.0

There are no assurances, warranties, or guarantees stated or implied by this report. 26 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type W5: Size 2/3

Prism BAF = 15Acres = 4,771

# of Plots = 29

Acres Per Plot = 164.5

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 9.7 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 1.6 9.5 0 31 0 0 0.0 0.0 0.2

Dead softwood 2.6 5.2 0 0 0 0 0.0 0.0 0.0

Hemlock 15.5 17.8 0 1,229 0 0 0.4 0.7 3.6

Red spruce 0.5 0.9 0 63 0 0 0.0 0.0 0.2

White pine 5.7 1.8 0 659 0 0 0.0 1.0 2.1

Softwood 25.9 35.3 0 1,982 0 0 0.4 1.7 6.1

Aspen 0.5 0.4 0 0 0 0 0.1 0.0 0.2

Beech 20.2 49.4 0 24 0 0 0.3 3.9 4.2

Dead hardwood 5.2 7.2 0 0 0 0 0.0 0.0 0.0

Other hardwd 2.6 15.0 0 0 0 0 0.1 0.2 0.3

Paper birch 4.7 13.1 0 25 0 0 0.7 0.3 1.1

Red maple 15.5 30.7 26 528 0 0 0.7 2.2 3.9

Red oak 2.6 2.0 148 118 0 0 0.1 0.2 0.8

Sugar maple 5.2 7.4 0 362 0 0 0.3 0.6 1.6

White ash 2.1 6.5 0 36 0 0 0.3 0.2 0.5

Yellow birch 2.6 3.3 0 38 0 0 0.2 0.3 0.6

Hardwood 61.0 135.1 174 1,131 0 0 2.8 7.9 13.2

Totals 86.9 170.4 174 3,113 0 0 3.2 9.6 19.2

There are no assurances, warranties, or guarantees stated or implied by this report. 27 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type W6: Size 1

Prism BAF = 15Acres = 9,155

# of Plots = 9

Acres Per Plot = 1,017.2

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 6.3 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 5.0 23.8 0 168 0 0 0.4 0.0 0.8

Red spruce 15.0 76.7 0 500 0 0 1.0 0.1 2.3

White pine 16.7 74.8 0 257 0 0 0.9 1.2 2.5

Softwood 36.7 175.3 0 924 0 0 2.3 1.3 5.6

Other hardwd 0.0 0.0 0 0 0 0 0.0 0.0 0.0

Yellow birch 1.7 0.8 0 0 0 0 0.0 0.4 0.4

Hardwood 1.7 0.8 0 0 0 0 0.0 0.4 0.4

Totals 38.3 176.0 0 924 0 0 2.3 1.7 6.0

There are no assurances, warranties, or guarantees stated or implied by this report. 28 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates by Type or StandSuper Type W6: Size 2/3

Prism BAF = 15Acres = 29,136

# of Plots = 171

Acres Per Plot = 170.4

SpeciesTrees/Acre

BA/Acre

VeneerBd Ft/Ac

SawlogBd Ft/Ac

Pallet BdFt/Ac

Bolt BdFt/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Quadrat ic Mean Diameter = 9.0 in.

Type or Stand

Internal conversions from cubicfeet to cords assume 85 cubic feetper cord. Board foot units are inInt. 1/4" log rule. Some totals maynot add up exactly due to rounding.

Balsam fir 13.2 51.4 0 712 0 0 0.9 0.3 2.8

Black spruce 0.2 0.9 0 7 0 0 0.0 0.0 0.0

Dead softwood 9.2 20.8 0 0 0 0 0.0 0.0 0.0

Hemlock 0.3 0.1 0 10 0 0 0.0 0.0 0.1

Red spruce 20.8 44.5 0 2,246 0 0 0.7 0.2 5.8

Tamarack 0.1 0.3 0 0 0 0 0.0 0.0 0.0

White cedar 10.8 15.6 0 458 0 0 0.4 0.7 2.2

White pine 1.7 1.3 0 204 0 0 0.0 0.2 0.6

White spruce 1.5 3.3 0 143 0 0 0.0 0.0 0.4

Softwood 57.6 138.3 0 3,781 0 0 2.2 1.4 11.9

Aspen 2.8 4.5 0 87 0 0 0.1 0.6 0.8

Balsam poplar 0.2 0.1 0 0 0 0 0.0 0.0 0.0

Beech 3.3 10.1 0 7 0 0 0.0 0.6 0.6

Black ash 0.3 1.0 0 0 0 0 0.0 0.0 0.0

Dead hardwood 5.9 11.2 0 0 0 0 0.0 0.0 0.0

Other hardwd 0.4 1.5 0 0 0 0 0.0 0.1 0.1

Paper birch 5.4 17.0 0 67 0 0 0.3 0.7 1.2

Red maple 14.1 30.8 0 231 0 0 0.6 2.5 3.5

Sugar maple 11.2 19.3 9 350 0 0 0.4 1.8 2.9

White ash 0.4 0.8 11 24 0 0 0.0 0.0 0.1

Yellow birch 9.7 18.0 19 297 0 0 0.3 1.2 2.1

Hardwood 53.7 114.5 38 1,064 0 0 1.7 7.4 11.2

Totals 111.3 252.7 38 4,845 0 0 3.9 8.9 23.2

There are no assurances, warranties, or guarantees stated or implied by this report. 29 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Estimates for All Types or Stands Combined

Prism BAF = 15

Estimated Acres = 393,837 # of Plots = 2,180

SpeciesVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBolt Bd

Ft/AcGrw StkCds/Ac

PulpCds/Ac

TotalCds/Ac

Stratified Estimates Combined

TPAAve

BA/Ac

Balsam fir 0 534 0 0 0.6 0.3 2.211.2 45.0

Black spruce 0 54 0 0 0.1 0.0 0.20.9 3.3

Dead softwood 0 0 0 0 0.0 0.0 0.06.2 16.2

Hemlock 0 314 0 0 0.1 0.6 1.35.0 6.5

Red pine 0 19 0 0 0.0 0.0 0.10.2 0.4

Red spruce 0 2,166 0 0 0.6 0.3 5.721.5 49.0

Tamarack 0 16 0 0 0.0 0.0 0.10.2 0.4

White cedar 0 292 0 0 0.3 1.3 2.211.4 19.8

White pine 0 381 0 0 0.1 0.3 1.13.6 5.1

White spruce 0 138 0 0 0.0 0.0 0.31.2 2.6

Softwood 0 3,913 0 0 1.8 2.9 13.2148.461.5

Aspen 3 75 0 0 0.1 0.6 0.92.9 5.5

Balsam poplar 0 2 0 0 0.0 0.0 0.00.1 0.2

Beech 0 4 0 0 0.0 0.7 0.84.3 12.3

Black ash 0 2 0 0 0.0 0.0 0.00.3 1.0

Black cherry 0 0 0 0 0.0 0.0 0.00.0 0.0

Dead hardwood 0 0 0 0 0.0 0.0 0.05.2 11.2

Other hardwd 0 1 0 0 0.0 0.1 0.10.7 3.6

Paper birch 3 56 0 0 0.3 0.5 0.94.6 15.1

Red maple 2 146 0 0 0.3 2.0 2.611.4 29.2

Red oak 3 8 0 0 0.0 0.0 0.10.3 0.7

Sugar maple 13 298 0 0 0.3 1.5 2.49.2 15.7

White ash 4 29 0 0 0.1 0.1 0.20.9 2.3

Yellow birch 17 199 0 0 0.3 1.1 1.88.6 17.7

Hardwood 44 820 0 0 1.4 6.7 9.7114.648.7

Totals 44 4,732 0 0 3.1 9.6 22.9263.0110.2

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

There are no assurances, warranties, or guarantees stated or implied by this report. 30 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type E1: Size 1Prism BAF = 15Acres = 1,094# of Plots = 2

Acres Per Plot = 547.1

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

0 3,911 0 0 5.7 0.9 15.4Mean

NA 29.9% NA NA 41.6% 60.3% 2.6%CV

0 826 0 0 1.7 0.4 0.3St. Error

St. Error %

95% Conf.

90% Conf.

3,911

29.9%

826

21.1% NA 21.1% NA NA 29.4% 42.6% 1.8%

42.2% NA 42.2% NA NA 58.9% 85.2% 3.6%

35.3% NA 35.3% NA NA 49.2% 71.2% 3.0%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 31 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type E1: Size 2/3Prism BAF = 15Acres = 23,988# of Plots = 158

Acres Per Plot = 151.8

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

51 5,420 0 0 3.9 11.0 26.7Mean

485.3% 102.9% NA NA 113.4% 82.6% 56.0%CV

20 444 0 0 0.4 0.7 1.2St. Error

St. Error %

95% Conf.

90% Conf.

5,472

102.1%

444

8.1% 38.6% 8.2% NA NA 9.0% 6.6% 4.5%

16.2% 77.2% 16.4% NA NA 18.0% 13.1% 8.9%

13.6% 64.5% 13.7% NA NA 15.1% 11.0% 7.4%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 32 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type E2: AllPrism BAF = 15Acres = 22,259# of Plots = 105

Acres Per Plot = 212.0

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

56 5,537 0 0 3.2 12.0 26.5Mean

557.6% 84.8% NA NA 133.8% 74.2% 58.3%CV

30 458 0 0 0.4 0.9 1.5St. Error

St. Error %

95% Conf.

90% Conf.

5,593

85.7%

468

8.4% 54.4% 8.3% NA NA 13.1% 7.2% 5.7%

16.7% 108.8% 16.6% NA NA 26.1% 14.5% 11.4%

14.0% 90.9% 13.8% NA NA 21.8% 12.1% 9.5%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 33 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type E3: Size 1Prism BAF = 15Acres = 2,209# of Plots = 11

Acres Per Plot = 200.8

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

0 3,043 0 0 3.9 7.1 17.3Mean

NA 102.1% NA NA 120.5% 95.9% 77.8%CV

0 937 0 0 1.4 2.1 4.0St. Error

St. Error %

95% Conf.

90% Conf.

3,043

102.1%

937

30.8% NA 30.8% NA NA 36.3% 28.9% 23.5%

61.6% NA 61.6% NA NA 72.6% 57.8% 46.9%

51.4% NA 51.4% NA NA 60.7% 48.3% 39.2%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 34 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type E3: Size 2/3Prism BAF = 15Acres = 26,781# of Plots = 149

Acres Per Plot = 179.7

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

31 6,386 0 0 3.1 9.4 26.0Mean

621.7% 93.0% NA NA 129.4% 76.7% 63.1%CV

16 487 0 0 0.3 0.6 1.3St. Error

St. Error %

95% Conf.

90% Conf.

6,417

92.7%

487

7.6% 50.9% 7.6% NA NA 10.6% 6.3% 5.2%

15.2% 101.9% 15.2% NA NA 21.2% 12.6% 10.3%

12.7% 85.1% 12.7% NA NA 17.7% 10.5% 8.6%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 35 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type E4: Size 1Prism BAF = 15Acres = 2,464# of Plots = 7

Acres Per Plot = 352.1

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

0 4,997 0 0 3.2 3.7 18.0Mean

NA 81.4% NA NA 102.6% 117.0% 80.9%CV

0 1,537 0 0 1.3 1.7 5.5St. Error

St. Error %

95% Conf.

90% Conf.

4,997

81.4%

1,537

30.8% NA 30.8% NA NA 38.8% 44.2% 30.6%

61.5% NA 61.5% NA NA 77.5% 88.5% 61.2%

51.4% NA 51.4% NA NA 64.8% 73.9% 51.1%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 36 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type E4: Size 2/3Prism BAF = 15Acres = 20,271# of Plots = 128

Acres Per Plot = 158.4

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

24 4,493 0 0 3.5 7.6 20.7Mean

1131.4% 101.8% NA NA 115.3% 85.1% 62.8%CV

24 404 0 0 0.4 0.6 1.1St. Error

St. Error %

95% Conf.

90% Conf.

4,518

101.1%

404

8.9% 100.0% 9.0% NA NA 10.2% 7.5% 5.5%

17.9% 200.0% 18.0% NA NA 20.4% 15.0% 11.1%

14.9% 167.1% 15.0% NA NA 17.0% 12.6% 9.3%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 37 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type N1: Size 1Prism BAF = 15Acres = 6,182# of Plots = 10

Acres Per Plot = 618.2

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

0 4,007 0 0 2.6 3.5 15.2Mean

NA 131.4% NA NA 125.9% 128.6% 81.1%CV

0 1,664 0 0 1.1 1.4 3.9St. Error

St. Error %

95% Conf.

90% Conf.

4,007

131.4%

1,664

41.5% NA 41.5% NA NA 39.8% 40.7% 25.7%

83.1% NA 83.1% NA NA 79.6% 81.3% 51.3%

69.4% NA 69.4% NA NA 66.5% 67.9% 42.9%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 38 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type N1: Size 2/3Prism BAF = 15Acres = 34,786# of Plots = 230

Acres Per Plot = 151.2

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

37 5,365 0 0 4.1 10.0 25.8Mean

497.6% 82.2% NA NA 124.5% 87.3% 54.6%CV

12 291 0 0 0.3 0.6 0.9St. Error

St. Error %

95% Conf.

90% Conf.

5,401

81.6%

291

5.4% 32.8% 5.4% NA NA 8.2% 5.8% 3.6%

10.8% 65.6% 10.8% NA NA 16.4% 11.5% 7.2%

9.0% 54.8% 9.1% NA NA 13.7% 9.6% 6.0%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 39 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type N2: Size 1Prism BAF = 15Acres = 3,577# of Plots = 8

Acres Per Plot = 447.1

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

0 3,162 0 0 2.9 7.0 17.1Mean

NA 137.1% NA NA 86.1% 83.8% 73.4%CV

0 1,532 0 0 0.9 2.1 4.4St. Error

St. Error %

95% Conf.

90% Conf.

3,162

137.1%

1,532

48.5% NA 48.5% NA NA 30.5% 29.6% 26.0%

96.9% NA 96.9% NA NA 60.9% 59.3% 51.9%

81.0% NA 81.0% NA NA 50.9% 49.5% 43.4%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 40 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type N2: Size 2/3Prism BAF = 15Acres = 27,554# of Plots = 142

Acres Per Plot = 194.0

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

16 4,185 0 0 2.5 11.4 23.0Mean

683.2% 100.0% NA NA 119.3% 76.8% 65.6%CV

9 351 0 0 0.3 0.7 1.3St. Error

St. Error %

95% Conf.

90% Conf.

4,200

99.9%

352

8.4% 57.3% 8.4% NA NA 10.0% 6.4% 5.5%

16.8% 114.7% 16.8% NA NA 20.0% 12.9% 11.0%

14.0% 95.8% 14.0% NA NA 16.7% 10.8% 9.2%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 41 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type N3: Size 1Prism BAF = 15Acres = 1,851# of Plots = 2

Acres Per Plot = 925.4

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

0 6,551 0 0 2.8 3.1 21.3Mean

NA 141.4% NA NA 141.4% 16.2% 123.1%CV

0 6,551 0 0 2.8 0.4 18.6St. Error

St. Error %

95% Conf.

90% Conf.

6,551

141.4%

6,551

100.0% NA 100.0% NA NA 100.0% 11.5% 87.1%

200.0% NA 200.0% NA NA 200.0% 22.9% 174.1%

167.1% NA 167.1% NA NA 167.1% 19.2% 145.5%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 42 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type N3: Size 2/3Prism BAF = 15Acres = 26,106# of Plots = 133

Acres Per Plot = 196.3

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

45 5,366 0 0 2.6 6.9 21.0Mean

437.1% 79.0% NA NA 113.5% 78.0% 57.7%CV

17 368 0 0 0.3 0.5 1.1St. Error

St. Error %

95% Conf.

90% Conf.

5,411

78.1%

367

6.8% 37.9% 6.9% NA NA 9.8% 6.8% 5.0%

13.6% 75.8% 13.7% NA NA 19.7% 13.5% 10.0%

11.3% 63.3% 11.5% NA NA 16.4% 11.3% 8.4%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 43 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type N4: Size 1Prism BAF = 15Acres = 1,542# of Plots = 2

Acres Per Plot = 770.9

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

0 0 0 0 1.7 6.1 7.8Mean

NA NA NA NA 141.4% 88.8% 100.4%CV

0 0 0 0 1.7 3.8 5.5St. Error

St. Error %

95% Conf.

90% Conf.

0

NA

0

NA NA NA NA NA 100.0% 62.8% 71.0%

NA NA NA NA NA 200.0% 125.6% 142.0%

NA NA NA NA NA 167.1% 104.9% 118.7%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 44 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type N4: Size 2/3Prism BAF = 15Acres = 28,945# of Plots = 193

Acres Per Plot = 150.0

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

47 4,535 0 0 2.2 11.2 23.3Mean

484.7% 85.3% NA NA 116.8% 72.6% 54.0%CV

16 278 0 0 0.2 0.6 0.9St. Error

St. Error %

95% Conf.

90% Conf.

4,582

84.7%

279

6.1% 34.9% 6.1% NA NA 8.4% 5.2% 3.9%

12.2% 69.8% 12.3% NA NA 16.8% 10.5% 7.8%

10.2% 58.3% 10.3% NA NA 14.1% 8.7% 6.5%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 45 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type W1: Size 1Prism BAF = 15Acres = 5,285# of Plots = 21

Acres Per Plot = 251.7

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

0 3,604 0 0 6.6 6.3 20.6Mean

NA 143.9% NA NA 85.9% 105.1% 75.9%CV

0 1,131 0 0 1.2 1.4 3.4St. Error

St. Error %

95% Conf.

90% Conf.

3,604

143.9%

1,131

31.4% NA 31.4% NA NA 18.7% 22.9% 16.6%

62.8% NA 62.8% NA NA 37.5% 45.9% 33.1%

52.5% NA 52.5% NA NA 31.3% 38.3% 27.7%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 46 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type W1: Size 2/3Prism BAF = 15Acres = 41,159# of Plots = 269

Acres Per Plot = 153.0

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

97 4,226 0 0 4.6 7.0 20.7Mean

332.4% 105.4% NA NA 86.6% 80.8% 58.0%CV

20 272 0 0 0.2 0.3 0.7St. Error

St. Error %

95% Conf.

90% Conf.

4,323

103.2%

272

6.3% 20.3% 6.4% NA NA 5.3% 4.9% 3.5%

12.6% 40.5% 12.9% NA NA 10.6% 9.9% 7.1%

10.5% 33.9% 10.7% NA NA 8.8% 8.2% 5.9%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 47 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type W2: Size 1Prism BAF = 15Acres = 1,092# of Plots = 4

Acres Per Plot = 273.1

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

0 2,239 0 0 3.2 19.5 27.6Mean

NA 78.4% NA NA 107.8% 34.6% 24.5%CV

0 877 0 0 1.7 3.4 3.4St. Error

St. Error %

95% Conf.

90% Conf.

2,239

78.4%

877

39.2% NA 39.2% NA NA 53.9% 17.3% 12.2%

78.4% NA 78.4% NA NA 107.8% 34.6% 24.5%

65.5% NA 65.5% NA NA 90.0% 28.9% 20.5%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 48 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type W2: Size 2/3Prism BAF = 15Acres = 30,164# of Plots = 171

Acres Per Plot = 176.4

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

55 5,082 0 0 1.9 14.3 27.0Mean

463.4% 87.5% NA NA 137.7% 68.2% 48.2%CV

20 340 0 0 0.2 0.7 1.0St. Error

St. Error %

95% Conf.

90% Conf.

5,137

86.8%

341

6.6% 35.4% 6.7% NA NA 10.5% 5.2% 3.7%

13.3% 70.9% 13.4% NA NA 21.1% 10.4% 7.4%

11.1% 59.2% 11.2% NA NA 17.6% 8.7% 6.2%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 49 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type W3: Size 1Prism BAF = 15Acres = 1,097# of Plots = 4

Acres Per Plot = 274.3

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

0 1,053 0 0 0.9 5.1 8.3Mean

NA 69.9% NA NA 117.7% 80.9% 27.1%CV

0 368 0 0 0.5 2.1 1.1St. Error

St. Error %

95% Conf.

90% Conf.

1,053

69.9%

368

34.9% NA 34.9% NA NA 58.8% 40.4% 13.5%

69.9% NA 69.9% NA NA 117.7% 80.9% 27.1%

58.4% NA 58.4% NA NA 98.3% 67.6% 22.6%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 50 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type W3: Size 2/3Prism BAF = 15Acres = 21,225# of Plots = 136

Acres Per Plot = 156.1

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

28 4,797 0 0 1.8 11.9 24.0Mean

530.3% 99.3% NA NA 129.2% 80.2% 61.7%CV

13 408 0 0 0.2 0.8 1.3St. Error

St. Error %

95% Conf.

90% Conf.

4,825

98.9%

409

8.5% 45.5% 8.5% NA NA 11.1% 6.9% 5.3%

17.0% 90.9% 17.0% NA NA 22.2% 13.8% 10.6%

14.2% 76.0% 14.2% NA NA 18.5% 11.5% 8.8%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 51 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type W4: Size 1Prism BAF = 15Acres = 2,043# of Plots = 5

Acres Per Plot = 408.6

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

0 1,700 0 0 1.8 11.8 17.1Mean

NA 110.9% NA NA 112.5% 58.7% 61.6%CV

0 843 0 0 0.9 3.1 4.7St. Error

St. Error %

95% Conf.

90% Conf.

1,700

110.9%

843

49.6% NA 49.6% NA NA 50.3% 26.3% 27.5%

99.2% NA 99.2% NA NA 100.6% 52.5% 55.1%

82.9% NA 82.9% NA NA 84.0% 43.9% 46.0%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 52 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type W4: Size 2/3Prism BAF = 15Acres = 18,705# of Plots = 80

Acres Per Plot = 233.8

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

61 4,438 0 0 2.0 11.9 23.5Mean

452.5% 106.6% NA NA 124.5% 75.6% 58.7%CV

31 529 0 0 0.3 1.0 1.5St. Error

St. Error %

95% Conf.

90% Conf.

4,499

105.4%

530

11.8% 50.6% 11.9% NA NA 13.9% 8.5% 6.6%

23.6% 101.2% 23.8% NA NA 27.8% 16.9% 13.1%

19.7% 84.5% 19.9% NA NA 23.3% 14.1% 11.0%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 53 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type W5: Size 1Prism BAF = 15Acres = 395# of Plots = 1

Acres Per Plot = 395.3

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

0 2,328 0 0 4.0 7.7 16.0Mean

NA NA NACV

St. Error

St. Error %

95% Conf.

90% Conf.

2,328

NA NA NA

NA NA NA

NA NA NA

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 54 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type W5: Size 2/3Prism BAF = 15Acres = 4,771# of Plots = 29

Acres Per Plot = 164.5

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

174 3,113 0 0 3.2 9.6 19.2Mean

320.4% 115.1% NA NA 104.2% 98.5% 84.6%CV

104 666 0 0 0.6 1.8 3.0St. Error

St. Error %

95% Conf.

90% Conf.

3,287

111.2%

679

20.7% 59.5% 21.4% NA NA 19.4% 18.3% 15.7%

41.3% 119.0% 42.8% NA NA 38.7% 36.6% 31.4%

34.5% 99.4% 35.7% NA NA 32.3% 30.6% 26.3%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 55 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type W6: Size 1Prism BAF = 15Acres = 9,155# of Plots = 9

Acres Per Plot = 1,017.2

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

0 924 0 0 2.3 1.7 6.0Mean

NA 222.2% NA NA 130.8% 141.7% 129.4%CV

0 685 0 0 1.0 0.8 2.6St. Error

St. Error %

95% Conf.

90% Conf.

924

222.2%

685

74.1% NA 74.1% NA NA 43.6% 47.2% 43.1%

148.1% NA 148.1% NA NA 87.2% 94.5% 86.2%

123.8% NA 123.8% NA NA 72.9% 78.9% 72.1%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 56 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics--All Species Combined

Super Type W6: Size 2/3Prism BAF = 15Acres = 29,136# of Plots = 171

Acres Per Plot = 170.4

StatisticVeneer

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcBoltwoodBd Ft/Ac

Grow StkCds/Ac

PulpCds/Ac

TotalCds/Ac

All Bd FtProducts/Ac

38 4,845 0 0 3.9 8.9 23.2Mean

617.0% 101.5% NA NA 112.2% 87.7% 68.5%CV

18 376 0 0 0.3 0.6 1.2St. Error

St. Error %

95% Conf.

90% Conf.

4,883

101.6%

379

7.8% 47.2% 7.8% NA NA 8.6% 6.7% 5.2%

15.5% 94.4% 15.5% NA NA 17.2% 13.4% 10.5%

13.0% 78.8% 13.0% NA NA 14.3% 11.2% 8.8%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totalsmay not add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 57 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Per Acre Volume Statistics for All Types or Strata Combined

Prism BAF = 15Acres = 393,837

Total # of Plots = 2180

StatisticPrime

Bd Ft/AcSawlog

Bd Ft/AcPallet Bd

Ft/AcSmall Bd

Ft/AcGrow Stk

Cds/AcPulp

Cds/AcTotal

Cds/AcAll Bd Ft

Products/Ac

Stratified Estimates Combined

44 4,732 0 0 3.1 9.6 22.9Mean Tot.

480.5% 95.8% NA NA 114.3% 79.1% 60.1%CV

5 105 0 0 0.1 0.2 0.3St. Error

St. Error %

95% Conf.

90% Conf.

4,776

95.2%

106

2.2% 11.1% 2.2% NA NA 2.6% 1.8% 1.4%

4.4% 22.1% 4.5% NA NA 5.3% 3.5% 2.8%

3.7% 18.5% 3.7% NA NA 4.4% 2.9% 2.3%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 58 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 1,094

# of Plots = 2

Acres Per Plot = 547.1

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type E1: Size 1Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 492,322 0 0 2,311 0 3,517

Red spruce 0 1,211,029 0 0 597 0 3,839

White cedar 0 1,195,659 0 0 3,311 276 6,337

White pine 0 1,380,763 0 0 0 687 3,127

Softwood 0 4,279,774 0 0 6,219 963 16,821

Other hardwd 0 0 0 0 0 0 0

Hardwood 0 0 0 0 0 0 0

Totals 0 4,279,774 0 0 6,219 963 16,821

There are no assurances, warranties, or guarantees stated or implied by this report. 59 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 23,988

# of Plots = 158

Acres Per Plot = 151.8

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type E1: Size 2/3Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 7,254,613 0 0 7,578 6,273 31,495

Dead softwood 0 0 0 0 0 0 0

Hemlock 0 6,658,054 0 0 3,972 10,443 27,363

Red spruce 0 76,767,690 0 0 25,985 12,877 212,607

White cedar 0 9,059,666 0 0 10,699 28,999 59,346

White pine 0 11,605,215 0 0 518 11,689 33,145

White spruce 0 2,531,993 0 0 1,226 401 6,929

Softwood 0 113,877,232 0 0 49,977 70,682 370,885

Aspen 0 2,875,098 0 0 1,165 41,876 48,547

Beech 0 204,376 0 0 0 18,058 18,418

Black ash 0 286,386 0 0 178 1,241 1,956

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 0 0 0 0 991 991

Paper birch 112,367 1,151,211 0 0 6,880 17,891 27,246

Red maple 0 2,862,091 0 0 11,953 65,267 82,745

Sugar maple 111,301 2,802,087 0 0 11,716 23,768 41,028

White ash 322,735 1,020,159 0 0 3,104 4,918 10,344

Yellow birch 683,104 4,942,675 0 0 8,142 19,888 38,733

Hardwood 1,229,507 16,144,083 0 0 43,137 193,897 270,008

Totals 1,229,507 130,021,315 0 0 93,114 264,579 640,893

There are no assurances, warranties, or guarantees stated or implied by this report. 60 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 22,259

# of Plots = 105

Acres Per Plot = 212.0

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type E2: AllInternal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 7,254,309 0 0 8,903 6,046 32,867

Dead softwood 0 0 0 0 0 0 0

Hemlock 0 19,458,030 0 0 6,807 23,926 69,245

Red spruce 0 36,181,705 0 0 6,058 5,164 88,388

White cedar 0 9,138,995 0 0 10,390 42,090 71,941

White pine 0 24,429,083 0 0 2,782 21,464 67,849

White spruce 0 1,839,413 0 0 218 284 4,699

Softwood 0 98,301,535 0 0 35,158 98,975 334,990

Aspen 602,725 5,596,285 0 0 2,705 20,902 35,694

Beech 0 0 0 0 0 31,284 31,284

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 0 0 0 0 1,835 1,835

Paper birch 0 1,540,664 0 0 1,619 7,568 12,163

Red maple 0 7,413,937 0 0 17,815 65,309 97,453

Sugar maple 0 2,305,947 0 0 1,073 10,832 16,160

White ash 635,563 3,524,958 0 0 6,932 9,951 24,682

Yellow birch 0 4,571,939 0 0 6,501 19,732 35,281

Hardwood 1,238,288 24,953,730 0 0 36,645 167,413 254,553

Totals 1,238,288 123,255,265 0 0 71,803 266,388 589,542

There are no assurances, warranties, or guarantees stated or implied by this report. 61 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 2,209

# of Plots = 11

Acres Per Plot = 200.8

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type E3: Size 1Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 0 0 0 1,016 223 1,239

Dead softwood 0 0 0 0 0 0 0

Hemlock 0 2,260,873 0 0 890 1,730 7,073

Red spruce 0 1,251,514 0 0 747 1,481 5,196

White cedar 0 434,361 0 0 0 3,506 4,352

White pine 0 2,324,258 0 0 2,163 1,641 8,152

White spruce 0 236,589 0 0 92 0 685

Softwood 0 6,507,594 0 0 4,908 8,582 26,698

Aspen 0 213,375 0 0 430 2,769 3,650

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 0 0 0 0 0 0

Paper birch 0 0 0 0 430 0 430

Red maple 0 0 0 0 2,939 4,415 7,354

Hardwood 0 213,375 0 0 3,800 7,185 11,434

Totals 0 6,720,969 0 0 8,707 15,767 38,132

There are no assurances, warranties, or guarantees stated or implied by this report. 62 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 26,781

# of Plots = 149

Acres Per Plot = 179.7

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type E3: Size 2/3Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 3,149,384 0 0 3,001 2,923 13,765

Black spruce 0 183,906 0 0 0 198 601

Dead softwood 0 0 0 0 0 0 0

Hemlock 0 40,613,997 0 0 25,765 54,558 161,352

Red pine 0 4,197,020 0 0 543 2,128 10,937

Red spruce 0 80,251,774 0 0 24,983 12,242 217,113

White cedar 0 4,754,423 0 0 5,618 30,167 46,165

White pine 0 23,245,863 0 0 6,445 20,854 69,681

White spruce 0 596,005 0 0 702 269 2,270

Softwood 0 156,992,372 0 0 67,057 123,338 521,884

Aspen 0 1,370,698 0 0 2,422 14,221 19,467

Balsam poplar 0 0 0 0 0 600 600

Beech 0 225,842 0 0 0 30,919 31,339

Black ash 0 276,977 0 0 0 2,593 3,138

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 0 0 0 0 1,857 1,857

Paper birch 270,059 1,539,443 0 0 2,173 5,241 10,893

Red maple 131,765 1,405,321 0 0 5,903 40,408 49,258

Sugar maple 0 3,957,896 0 0 1,759 13,268 22,333

White ash 209,888 1,145,912 0 0 551 3,069 6,123

Yellow birch 206,106 4,115,172 0 0 3,450 16,493 28,430

Hardwood 817,819 14,037,260 0 0 16,257 128,668 173,440

Totals 817,819 171,029,632 0 0 83,314 252,007 695,324

There are no assurances, warranties, or guarantees stated or implied by this report. 63 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 2,464

# of Plots = 7

Acres Per Plot = 352.1

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type E4: Size 1Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 633,616 0 0 1,249 0 2,801

Black spruce 0 2,217,580 0 0 1,050 388 6,627

Dead softwood 0 0 0 0 0 0 0

Red spruce 0 3,344,547 0 0 1,433 98 8,773

White cedar 0 4,489,171 0 0 2,990 5,047 18,061

White pine 0 248,318 0 0 766 697 1,902

Softwood 0 10,933,233 0 0 7,488 6,230 38,164

Other hardwd 0 0 0 0 0 0 0

Paper birch 0 1,040,351 0 0 514 887 3,488

Red maple 0 340,637 0 0 0 2,119 2,755

Hardwood 0 1,380,987 0 0 514 3,007 6,242

Totals 0 12,314,220 0 0 8,002 9,237 44,406

There are no assurances, warranties, or guarantees stated or implied by this report. 64 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 20,271

# of Plots = 128

Acres Per Plot = 158.4

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type E4: Size 2/3Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 9,148,637 0 0 13,055 17,257 52,080

Dead softwood 0 0 0 0 0 0 0

Hemlock 0 10,062,483 0 0 4,650 11,559 36,205

Red spruce 0 53,793,251 0 0 13,684 9,424 139,348

Tamarack 0 283,829 0 0 118 0 708

White cedar 0 6,629,252 0 0 8,204 21,801 44,807

White pine 0 3,740,401 0 0 2,996 1,624 11,577

White spruce 0 1,082,230 0 0 53 33 2,333

Softwood 0 84,740,083 0 0 42,760 61,698 287,059

Aspen 0 119,084 0 0 0 1,360 1,561

Beech 0 0 0 0 0 3,061 3,061

Black ash 0 0 0 0 0 880 880

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 0 0 0 0 674 674

Paper birch 0 715,306 0 0 8,487 12,767 22,611

Red maple 0 2,350,627 0 0 8,043 42,467 55,086

Red oak 0 1,010,007 0 0 5,845 9,240 17,098

Sugar maple 126,833 411,757 0 0 2,694 5,731 9,376

White ash 0 150,976 0 0 0 666 957

Yellow birch 363,192 1,586,312 0 0 2,319 14,534 20,660

Hardwood 490,025 6,344,069 0 0 27,387 91,379 131,963

Totals 490,025 91,084,152 0 0 70,147 153,076 419,023

There are no assurances, warranties, or guarantees stated or implied by this report. 65 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 6,182

# of Plots = 10

Acres Per Plot = 618.2

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type N1: Size 1Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 5,592,862 0 0 7,712 379 21,548

Dead softwood 0 0 0 0 0 0 0

Red spruce 0 16,994,398 0 0 7,695 2,261 47,718

White cedar 0 110,907 0 0 0 1,507 1,851

White pine 0 1,341,862 0 0 0 911 3,286

White spruce 0 728,346 0 0 285 0 2,109

Softwood 0 24,768,375 0 0 15,692 5,058 76,512

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 0 0 0 0 0 0

Paper birch 0 0 0 0 0 4,438 4,438

Red maple 0 0 0 0 0 8,754 8,754

Sugar maple 0 0 0 0 687 0 687

Yellow birch 0 0 0 0 0 3,395 3,395

Hardwood 0 0 0 0 687 16,586 17,273

Totals 0 24,768,375 0 0 16,379 21,645 93,785

There are no assurances, warranties, or guarantees stated or implied by this report. 66 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 34,786

# of Plots = 230

Acres Per Plot = 151.2

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type N1: Size 2/3Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 41,312,193 0 0 35,162 14,726 148,166

Black spruce 0 1,625,080 0 0 1,210 128 4,948

Dead softwood 0 0 0 0 0 0 0

Hemlock 0 384,656 0 0 0 643 1,355

Red pine 0 0 0 0 507 262 769

Red spruce 0 74,884,267 0 0 18,004 10,458 191,798

Tamarack 0 1,500,785 0 0 3,352 136 6,448

White cedar 0 17,577,401 0 0 16,851 98,724 152,986

White pine 0 1,770,149 0 0 0 738 3,978

White spruce 0 16,170,321 0 0 4,312 322 39,519

Softwood 0 155,224,851 0 0 79,398 126,134 549,966

Aspen 257,188 1,802,690 0 0 6,002 15,951 25,910

Balsam poplar 0 698,995 0 0 0 2,295 3,640

Beech 0 0 0 0 526 17,412 17,938

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 209,764 0 0 0 2,781 3,151

Paper birch 0 1,334,278 0 0 14,708 15,668 33,052

Red maple 0 3,760,462 0 0 6,754 47,703 61,900

Sugar maple 567,551 14,059,021 0 0 17,088 74,344 119,535

Yellow birch 449,287 9,527,592 0 0 16,469 47,203 82,994

Hardwood 1,274,026 31,392,802 0 0 61,547 223,358 348,120

Totals 1,274,026 186,617,654 0 0 140,945 349,492 898,086

There are no assurances, warranties, or guarantees stated or implied by this report. 67 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 3,577

# of Plots = 8

Acres Per Plot = 447.1

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type N2: Size 1Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 3,309,846 0 0 6,782 1,193 15,950

Black spruce 0 0 0 0 957 0 957

Dead softwood 0 0 0 0 0 0 0

Red spruce 0 3,870,210 0 0 436 308 10,142

Tamarack 0 678,763 0 0 0 815 2,189

White cedar 0 927,946 0 0 2,353 7,328 11,548

White pine 0 908,981 0 0 0 503 2,207

White spruce 0 964,345 0 0 0 100 2,189

Softwood 0 10,660,090 0 0 10,528 10,248 45,184

Aspen 0 0 0 0 0 9,651 9,651

Beech 0 0 0 0 0 3,347 3,347

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 0 0 0 0 0 0

Paper birch 0 0 0 0 0 958 958

Sugar maple 0 649,370 0 0 0 851 1,971

Hardwood 0 649,370 0 0 0 14,807 15,927

Totals 0 11,309,460 0 0 10,528 25,055 61,111

There are no assurances, warranties, or guarantees stated or implied by this report. 68 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 27,554

# of Plots = 142

Acres Per Plot = 194.0

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type N2: Size 2/3Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 30,931,369 0 0 22,457 18,088 113,932

Black spruce 0 0 0 0 1,988 496 2,484

Dead softwood 0 0 0 0 0 0 0

Hemlock 0 4,770,097 0 0 853 20,476 30,296

Red spruce 0 36,320,490 0 0 8,400 5,255 94,489

Tamarack 0 3,114,315 0 0 774 3,331 9,831

White cedar 0 13,623,956 0 0 14,744 80,981 124,934

White pine 0 3,571,627 0 0 550 2,186 9,178

White spruce 0 5,918,355 0 0 1,086 472 14,106

Softwood 0 98,250,210 0 0 50,853 131,287 399,250

Aspen 0 1,978,054 0 0 558 21,545 26,041

Beech 0 0 0 0 0 17,850 17,850

Black ash 0 0 0 0 0 5,184 5,184

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 0 0 0 232 3,532 3,764

Paper birch 0 0 0 0 3,240 9,105 12,345

Red maple 142,254 3,700,606 0 0 3,847 58,359 69,573

Sugar maple 142,254 8,297,856 0 0 7,111 43,973 67,360

Yellow birch 147,941 3,079,235 0 0 3,091 23,518 32,953

Hardwood 432,448 17,055,751 0 0 18,078 183,066 235,069

Totals 432,448 115,305,961 0 0 68,931 314,352 634,319

There are no assurances, warranties, or guarantees stated or implied by this report. 69 of 137

Page 70: L.E. Caldwell Company Strategic Forestry Services … L.E. Caldwell Company Strategic Forestry Services Per Acre Volume Estimates by Type or Stand Super Type E1: Size 1 Prism BAF =

1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 1,851

# of Plots = 2

Acres Per Plot = 925.4

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type N3: Size 1Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 3,150,918 0 0 587 0 7,811

Red spruce 0 8,973,145 0 0 2,472 230 24,106

Softwood 0 12,124,063 0 0 3,058 230 31,917

Paper birch 0 0 0 0 2,042 986 3,028

Red maple 0 0 0 0 0 1,999 1,999

Yellow birch 0 0 0 0 0 2,553 2,553

Hardwood 0 0 0 0 2,042 5,537 7,580

Totals 0 12,124,063 0 0 5,101 5,767 39,497

There are no assurances, warranties, or guarantees stated or implied by this report. 70 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 26,106

# of Plots = 133

Acres Per Plot = 196.3

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type N3: Size 2/3Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 13,391,983 0 0 17,854 3,409 53,343

Black spruce 0 3,122,583 0 0 5,069 698 13,638

Dead softwood 0 0 0 0 0 0 0

Hemlock 0 3,874,182 0 0 565 2,750 10,723

Red spruce 0 70,456,894 0 0 11,960 12,820 178,278

White cedar 0 17,229,409 0 0 13,699 44,746 94,631

White pine 0 12,243,129 0 0 263 4,323 27,132

White spruce 0 3,835,058 0 0 155 229 8,457

Softwood 0 124,153,237 0 0 49,566 68,974 386,202

Aspen 0 722,929 0 0 2,838 5,927 10,241

Beech 0 0 0 0 0 7,026 7,026

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 0 0 0 0 2,573 2,573

Paper birch 335,827 1,332,288 0 0 4,259 4,269 11,722

Red maple 110,569 1,828,694 0 0 2,585 29,555 35,723

Sugar maple 0 6,818,042 0 0 1,328 33,406 47,194

White ash 0 428,198 0 0 1,068 975 2,799

Yellow birch 737,346 4,789,058 0 0 6,676 28,707 46,035

Hardwood 1,183,742 15,919,209 0 0 18,753 112,437 163,313

Totals 1,183,742 140,072,447 0 0 68,319 181,411 549,515

There are no assurances, warranties, or guarantees stated or implied by this report. 71 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 1,542

# of Plots = 2

Acres Per Plot = 770.9

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type N4: Size 1Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Dead softwood 0 0 0 0 0 0 0

Softwood 0 0 0 0 0 0 0

Aspen 0 0 0 0 0 5,512 5,512

Sugar maple 0 0 0 0 0 1,742 1,742

White ash 0 0 0 0 2,649 2,112 4,762

Hardwood 0 0 0 0 2,649 9,366 12,015

Totals 0 0 0 0 2,649 9,366 12,015

There are no assurances, warranties, or guarantees stated or implied by this report. 72 of 137

Page 73: L.E. Caldwell Company Strategic Forestry Services … L.E. Caldwell Company Strategic Forestry Services Per Acre Volume Estimates by Type or Stand Super Type E1: Size 1 Prism BAF =

1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 28,945

# of Plots = 193

Acres Per Plot = 150.0

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type N4: Size 2/3Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 16,182,392 0 0 24,123 10,863 74,740

Black spruce 0 1,346,585 0 0 2,116 485 5,610

Dead softwood 0 0 0 0 0 0 0

Hemlock 0 14,574,552 0 0 729 65,690 94,043

Red spruce 0 69,293,430 0 0 14,382 11,109 177,771

Tamarack 0 344,068 0 0 1,697 2,536 4,887

White cedar 0 6,965,850 0 0 5,834 47,757 68,162

White pine 0 5,369,441 0 0 0 4,219 13,833

White spruce 0 1,447,228 0 0 666 490 4,186

Softwood 0 115,523,545 0 0 49,547 143,149 443,232

Aspen 0 688,358 0 0 891 13,862 16,101

Balsam poplar 0 0 0 0 0 1,098 1,098

Beech 0 0 0 0 0 16,520 16,520

Black ash 0 0 0 0 0 1,345 1,345

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 0 0 0 0 2,451 2,451

Paper birch 108,961 346,748 0 0 1,557 7,794 10,254

Red maple 0 3,198,126 0 0 944 52,595 59,652

Sugar maple 396,995 7,700,551 0 0 4,570 46,965 66,712

White ash 0 116,351 0 0 1,261 3,137 4,589

Yellow birch 847,031 3,690,147 0 0 6,327 36,667 51,863

Hardwood 1,352,987 15,740,281 0 0 15,548 182,434 230,585

Totals 1,352,987 131,263,826 0 0 65,095 325,583 673,817

There are no assurances, warranties, or guarantees stated or implied by this report. 73 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 5,285

# of Plots = 21

Acres Per Plot = 251.7

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type W1: Size 1Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 2,713,194 0 0 8,724 444 15,815

Dead softwood 0 0 0 0 0 0 0

Red spruce 0 7,372,769 0 0 3,323 2,402 22,539

White cedar 0 244,412 0 0 0 1,221 1,784

White pine 0 2,899,530 0 0 0 1,289 6,536

Softwood 0 13,229,905 0 0 12,047 5,356 46,674

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 0 0 0 0 279 279

Paper birch 0 117,438 0 0 6,353 3,363 9,967

Red maple 0 1,314,214 0 0 10,366 9,266 22,117

Sugar maple 0 3,018,021 0 0 2,571 8,699 17,028

Yellow birch 0 1,365,021 0 0 3,533 6,427 12,789

Hardwood 0 5,814,694 0 0 22,824 28,035 62,180

Totals 0 19,044,599 0 0 34,871 33,391 108,854

There are no assurances, warranties, or guarantees stated or implied by this report. 74 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 41,159

# of Plots = 269

Acres Per Plot = 153.0

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type W1: Size 2/3Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 12,072,199 0 0 10,462 8,317 47,030

Black spruce 0 10,927,644 0 0 6,065 1,100 32,597

Dead softwood 0 0 0 0 0 0 0

Hemlock 0 4,653,546 0 0 2,216 2,290 14,278

Red pine 0 232,083 0 0 0 416 810

Red spruce 0 73,996,128 0 0 20,641 11,796 198,851

White cedar 0 2,297,447 0 0 2,711 4,304 11,910

White pine 0 14,451,685 0 0 327 8,473 34,959

Softwood 0 118,630,732 0 0 42,422 36,696 340,435

Aspen 173,565 1,662,705 0 0 3,319 2,413 9,216

Beech 0 722,385 0 0 689 51,060 53,025

Black cherry 0 0 0 0 0 337 337

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 0 0 0 0 6,407 6,407

Paper birch 111,166 4,510,465 0 0 38,848 25,156 72,906

Red maple 112,170 9,284,839 0 0 24,954 39,422 82,404

Red oak 408,582 1,493,278 0 0 1,604 2,148 7,356

Sugar maple 1,424,987 19,244,445 0 0 36,736 63,635 139,193

White ash 0 870,616 0 0 2,792 2,479 6,904

Yellow birch 1,742,322 17,527,562 0 0 38,142 59,760 134,302

Hardwood 3,972,792 55,316,296 0 0 147,084 252,816 512,050

Totals 3,972,792 173,947,027 0 0 189,506 289,512 852,485

There are no assurances, warranties, or guarantees stated or implied by this report. 75 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 1,092

# of Plots = 4

Acres Per Plot = 273.1

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type W2: Size 1Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 256,116 0 0 898 431 1,982

Dead softwood 0 0 0 0 0 0 0

Red spruce 0 1,717,457 0 0 783 1,202 5,701

White cedar 0 288,847 0 0 0 4,533 5,142

White pine 0 0 0 0 0 594 594

Softwood 0 2,262,420 0 0 1,681 6,760 13,419

Aspen 0 183,121 0 0 0 2,908 3,245

Beech 0 0 0 0 0 603 603

Paper birch 0 0 0 0 1,222 1,110 2,332

Red maple 0 0 0 0 0 9,005 9,005

Yellow birch 0 0 0 0 606 897 1,503

Hardwood 0 183,121 0 0 1,828 14,522 16,688

Totals 0 2,445,541 0 0 3,509 21,282 30,106

There are no assurances, warranties, or guarantees stated or implied by this report. 76 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 30,164

# of Plots = 171

Acres Per Plot = 176.4

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type W2: Size 2/3Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 11,767,439 0 0 13,367 11,504 53,465

Black spruce 0 1,326,609 0 0 2,041 607 5,990

Dead softwood 0 0 0 0 0 0 0

Hemlock 0 8,238,759 0 0 678 19,906 36,134

Red spruce 0 75,290,788 0 0 16,510 11,273 194,171

Tamarack 0 0 0 0 392 210 602

White cedar 0 1,713,539 0 0 1,427 35,852 40,722

White pine 0 16,087,310 0 0 4,205 17,772 51,299

White spruce 0 3,971,352 0 0 1,073 901 11,030

Softwood 0 118,395,796 0 0 39,693 98,024 393,414

Aspen 0 2,441,896 0 0 776 24,902 30,348

Balsam poplar 0 0 0 0 0 2,219 2,219

Beech 0 0 0 0 0 24,886 24,886

Black ash 0 0 0 0 383 1,252 1,635

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 0 0 0 0 6,064 6,064

Paper birch 0 4,177,064 0 0 5,019 31,733 45,138

Red maple 0 4,326,622 0 0 3,540 94,420 106,546

Red oak 0 276,123 0 0 0 235 771

Sugar maple 1,310,830 17,687,014 0 0 4,309 99,387 139,494

White ash 215,661 2,726,722 0 0 1,810 11,523 18,849

Yellow birch 134,486 3,259,757 0 0 1,782 36,475 44,853

Hardwood 1,660,976 34,895,199 0 0 17,619 333,097 420,802

Totals 1,660,976 153,290,994 0 0 57,312 431,121 814,216

There are no assurances, warranties, or guarantees stated or implied by this report. 77 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 1,097

# of Plots = 4

Acres Per Plot = 274.3

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type W3: Size 1Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 0 0 0 305 0 305

Red spruce 0 707,180 0 0 331 1,302 3,434

Softwood 0 707,180 0 0 636 1,302 3,739

Aspen 0 0 0 0 0 3,730 3,730

Other hardwd 0 0 0 0 0 0 0

Sugar maple 0 448,428 0 0 0 534 1,379

Yellow birch 0 0 0 0 304 0 304

Hardwood 0 448,428 0 0 304 4,264 5,414

Totals 0 1,155,608 0 0 940 5,566 9,152

There are no assurances, warranties, or guarantees stated or implied by this report. 78 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 21,225

# of Plots = 136

Acres Per Plot = 156.1

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type W3: Size 2/3Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 9,411,621 0 0 7,195 13,104 42,717

Black spruce 0 198,538 0 0 0 56 514

Dead softwood 0 0 0 0 0 0 0

Hemlock 0 287,413 0 0 0 2,344 2,916

Red pine 0 2,884,770 0 0 2,129 3,065 10,971

Red spruce 0 52,957,741 0 0 12,309 7,520 137,305

Tamarack 0 488,687 0 0 124 382 1,454

White cedar 0 1,256,850 0 0 292 16,577 19,524

White pine 0 12,013,611 0 0 299 8,970 31,021

White spruce 0 3,427,931 0 0 1,215 883 9,434

Softwood 0 82,927,161 0 0 23,563 52,900 255,856

Aspen 0 3,201,328 0 0 667 23,666 30,577

Balsam poplar 0 0 0 0 0 2,239 2,239

Beech 0 0 0 0 0 6,032 6,032

Black ash 0 110,937 0 0 120 1,456 1,771

Black cherry 0 0 0 0 0 622 622

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 0 0 0 0 1,297 1,297

Paper birch 290,339 768,885 0 0 2,434 13,985 18,457

Red maple 0 2,885,336 0 0 2,607 75,295 83,384

Sugar maple 114,412 5,824,897 0 0 5,396 42,469 59,171

White ash 0 106,651 0 0 638 1,533 2,364

Yellow birch 195,532 5,984,409 0 0 3,760 31,379 47,253

Hardwood 600,283 18,882,444 0 0 15,620 199,973 253,167

Totals 600,283 101,809,605 0 0 39,184 252,873 509,023

There are no assurances, warranties, or guarantees stated or implied by this report. 79 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 2,043

# of Plots = 5

Acres Per Plot = 408.6

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type W4: Size 1Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 385,061 0 0 0 1,470 2,257

Red spruce 0 418,076 0 0 0 234 1,150

White cedar 0 1,055,203 0 0 1,783 4,821 8,901

Softwood 0 1,858,340 0 0 1,783 6,525 12,307

Aspen 0 443,334 0 0 0 886 1,805

Other hardwd 0 0 0 0 0 2,297 2,297

Paper birch 0 725,110 0 0 1,355 2,566 5,347

Red maple 0 446,944 0 0 469 7,488 8,879

Sugar maple 0 0 0 0 0 1,146 1,146

Yellow birch 0 0 0 0 0 3,245 3,245

Hardwood 0 1,615,387 0 0 1,824 17,627 22,718

Totals 0 3,473,727 0 0 3,608 24,153 35,026

There are no assurances, warranties, or guarantees stated or implied by this report. 80 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 18,705

# of Plots = 80

Acres Per Plot = 233.8

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type W4: Size 2/3Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 9,617,577 0 0 5,968 5,732 34,397

Dead softwood 0 0 0 0 0 0 0

Hemlock 0 1,488,121 0 0 0 6,652 9,537

Red spruce 0 36,632,193 0 0 11,342 6,415 98,739

White cedar 0 2,540,554 0 0 0 15,032 20,559

White pine 0 878,127 0 0 287 174 2,198

White spruce 0 7,306,144 0 0 63 1,282 17,223

Softwood 0 58,462,715 0 0 17,660 35,287 182,653

Aspen 0 3,832,356 0 0 3,732 19,281 30,549

Beech 0 0 0 0 0 30,520 30,520

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 0 0 0 0 2,611 2,611

Paper birch 0 718,888 0 0 4,402 6,959 12,751

Red maple 0 3,248,237 0 0 2,031 47,434 55,698

Sugar maple 620,291 12,237,912 0 0 6,427 52,770 83,386

White ash 0 0 0 0 1,035 2,060 3,095

Yellow birch 518,019 4,509,183 0 0 1,722 26,330 37,543

Hardwood 1,138,309 24,546,577 0 0 19,348 187,964 256,154

Totals 1,138,309 83,009,292 0 0 37,008 223,251 438,807

There are no assurances, warranties, or guarantees stated or implied by this report. 81 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 395

# of Plots = 1

Acres Per Plot = 395.3

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type W5: Size 1Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Dead hardwood 0 0 0 0 0 0 0

White ash 0 270,136 0 0 406 1,537 2,432

Yellow birch 0 650,190 0 0 1,181 1,505 3,897

Hardwood 0 920,325 0 0 1,587 3,042 6,329

Totals 0 920,325 0 0 1,587 3,042 6,329

There are no assurances, warranties, or guarantees stated or implied by this report. 82 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 4,771

# of Plots = 29

Acres Per Plot = 164.5

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type W5: Size 2/3Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 148,033 0 0 183 183 729

Dead softwood 0 0 0 0 0 0 0

Hemlock 0 5,862,134 0 0 1,713 3,375 17,172

Red spruce 0 301,078 0 0 49 0 733

White pine 0 3,144,213 0 0 0 4,540 10,249

Softwood 0 9,455,458 0 0 1,945 8,099 28,883

Aspen 0 0 0 0 619 199 818

Beech 0 116,658 0 0 1,517 18,519 20,240

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 0 0 0 365 877 1,242

Paper birch 0 119,518 0 0 3,537 1,616 5,360

Red maple 124,796 2,516,750 0 0 3,288 10,322 18,588

Red oak 707,248 564,535 0 0 495 859 3,675

Sugar maple 0 1,724,762 0 0 1,391 3,061 7,730

White ash 0 169,521 0 0 1,468 735 2,506

Yellow birch 0 181,607 0 0 749 1,611 2,730

Hardwood 832,044 5,393,352 0 0 13,429 37,800 62,889

Totals 832,044 14,848,811 0 0 15,373 45,898 91,772

There are no assurances, warranties, or guarantees stated or implied by this report. 83 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 9,155

# of Plots = 9

Acres Per Plot = 1,017.2

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type W6: Size 1Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 1,533,724 0 0 3,676 0 7,359

Red spruce 0 4,577,218 0 0 9,608 1,132 21,233

White pine 0 2,349,825 0 0 7,849 10,599 22,908

Softwood 0 8,460,768 0 0 21,134 11,730 51,500

Other hardwd 0 0 0 0 0 0 0

Yellow birch 0 0 0 0 0 3,774 3,774

Hardwood 0 0 0 0 0 3,774 3,774

Totals 0 8,460,768 0 0 21,134 15,504 55,274

There are no assurances, warranties, or guarantees stated or implied by this report. 84 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Type or Stand

Prism BAF = 15

Acres = 29,136

# of Plots = 171

Acres Per Plot = 170.4

SpeciesVeneer Bd

FtSawlogBd Ft

Pallet/TieBd Ft

Boltwood BdFt

Grow StkCords

PulpCords

Total Mer.Cords

Super Type W6: Size 2/3Internal conversions from cubic feet to cords assume 85cubic feet per cord. Board foot units are in Int. 1/4"rule. Some totals may not add up exactly due torounding.

Balsam fir 0 20,732,657 0 0 26,137 7,597 82,632

Black spruce 0 210,659 0 0 608 0 1,119

Dead softwood 0 0 0 0 0 0 0

Hemlock 0 288,931 0 0 0 995 1,505

Red spruce 0 65,452,471 0 0 21,792 6,936 170,014

Tamarack 0 0 0 0 755 0 755

White cedar 0 13,356,632 0 0 12,989 21,347 63,989

White pine 0 5,949,495 0 0 1,356 4,688 16,887

White spruce 0 4,170,317 0 0 1,306 612 11,242

Softwood 0 110,161,161 0 0 64,942 42,174 348,142

Aspen 0 2,522,288 0 0 1,869 17,133 24,007

Balsam poplar 0 0 0 0 0 946 946

Beech 0 218,155 0 0 0 16,203 16,603

Black ash 0 0 0 0 0 565 565

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 0 0 0 0 1,571 1,571

Paper birch 0 1,953,368 0 0 8,422 21,414 33,632

Red maple 0 6,721,402 0 0 16,742 72,114 101,716

Sugar maple 252,143 10,210,763 0 0 12,614 51,978 84,330

White ash 309,232 710,448 0 0 395 479 2,710

Yellow birch 549,387 8,666,311 0 0 8,220 34,522 60,413

Hardwood 1,110,762 31,002,735 0 0 48,263 216,925 326,493

Totals 1,110,762 141,163,896 0 0 113,205 259,099 674,636

There are no assurances, warranties, or guarantees stated or implied by this report. 85 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates for All Types or Stands Combined

Prism BAF = 15

Acres = 393,837

# of Plots = 2,180

Acres Per Plot = 180.7

SpeciesVeneer

Bd FtSawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

Grow StkCords

PulpCords

Total Mer.Cords

Stratified Estimates CombinedInternal conversions from cubic feet to cords assume 85

cubic feet per cord. Board foot units are in Int. 1/4" rule.Some totals may not add up exactly due to rounding.

Balsam fir 0 210,442,063 0 0 228,706 130,162 861,942

Black spruce 0 21,159,183 0 0 21,103 4,155 75,085

Dead softwood 0 0 0 0 0 0 0

Hemlock 0 123,475,827 0 0 48,838 227,337 519,197

Red pine 0 7,313,873 0 0 3,179 5,870 23,487

Red spruce 0 853,017,443 0 0 233,523 133,939 2,253,435

Tamarack 0 6,410,446 0 0 7,211 7,410 26,875

White cedar 0 114,890,480 0 0 113,895 516,615 877,652

White pine 0 149,952,886 0 0 30,805 128,636 431,701

White spruce 0 54,225,627 0 0 12,455 6,278 136,412

Softwood 0 1,540,887,829 0 0 699,714 1,160,403 5,205,785Aspen 1,033,478 29,653,598 0 0 27,992 248,692 336,669

Balsam poplar 0 698,995 0 0 0 9,397 10,741

Beech 0 1,487,417 0 0 2,731 293,300 298,692

Black ash 0 674,300 0 0 681 14,515 16,473

Black cherry 0 0 0 0 0 959 959

Dead hardwood 0 0 0 0 0 0 0

Other hardwd 0 209,764 0 0 597 38,098 39,064

Paper birch 1,228,719 22,091,027 0 0 117,502 195,472 358,518

Red maple 621,553 57,604,845 0 0 124,780 783,716 1,020,589

Red oak 1,115,830 3,343,943 0 0 7,945 12,483 28,900

Sugar maple 5,067,596 117,398,769 0 0 117,468 578,561 926,955

White ash 1,693,078 11,240,647 0 0 24,107 45,173 93,117

Yellow birch 6,573,754 78,446,169 0 0 112,973 418,615 695,503

Hardwood 17,334,009 322,849,474 0 0 536,777 2,638,980 3,826,180

Totals 17,334,009 1,863,737,303 0 0 1,236,492 3,799,383 9,031,965

There are no assurances, warranties, or guarantees stated or implied by this report. 86 of 137

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There are no assurances, warranties, or guarantees stated or implied by this report. 87 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 1094.2# of Plots = 2

Acres Per Plot = 547.1

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type E1: Size 1

0 4,280 0 0 6,219 963 16,821Mean Tot.

NA 29.9% NA NA 41.6% 60.3% 2.6%CV

0 904 0 0 1,831 410 307St. Error

St. Error %

95% Conf.

90% Conf.

4,280

29.9%

904

21.1% NA 21.1% NA NA 29.4% 42.6% 1.8%

42.2% NA 42.2% NA NA 58.9% 85.2% 3.6%

35.3% NA 35.3% NA NA 49.2% 71.2% 3.0%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 88 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 23988# of Plots = 158

Acres Per Plot = 151.8

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type E1: Size 2/3

1,230 130,021 0 0 93,114 264,579 640,893Mean Tot.

485.3% 102.9% NA NA 113.4% 82.6% 56.0%CV

475 10,642 0 0 8,400 17,382 28,546St. Error

St. Error %

95% Conf.

90% Conf.

131,251

102.1%

10,657

8.1% 38.6% 8.2% NA NA 9.0% 6.6% 4.5%

16.2% 77.2% 16.4% NA NA 18.0% 13.1% 8.9%

13.6% 64.5% 13.7% NA NA 15.1% 11.0% 7.4%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 89 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 22259.3# of Plots = 105

Acres Per Plot = 212.0

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type E2: All

1,238 123,255 0 0 71,803 266,388 589,542Mean Tot.

557.6% 84.8% NA NA 133.8% 74.2% 58.3%CV

674 10,201 0 0 9,378 19,300 33,518St. Error

St. Error %

95% Conf.

90% Conf.

124,494

85.7%

10,406

8.4% 54.4% 8.3% NA NA 13.1% 7.2% 5.7%

16.7% 108.8% 16.6% NA NA 26.1% 14.5% 11.4%

14.0% 90.9% 13.8% NA NA 21.8% 12.1% 9.5%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 90 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 2208.8# of Plots = 11

Acres Per Plot = 200.8

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type E3: Size 1

0 6,721 0 0 8,707 15,767 38,132Mean Tot.

NA 102.1% NA NA 120.5% 95.9% 77.8%CV

0 2,069 0 0 3,162 4,557 8,946St. Error

St. Error %

95% Conf.

90% Conf.

6,721

102.1%

2,069

30.8% NA 30.8% NA NA 36.3% 28.9% 23.5%

61.6% NA 61.6% NA NA 72.6% 57.8% 46.9%

51.4% NA 51.4% NA NA 60.7% 48.3% 39.2%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 91 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 26780.9# of Plots = 149

Acres Per Plot = 179.7

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type E3: Size 2/3

818 171,030 0 0 83,314 252,007 695,324Mean Tot.

621.7% 93.0% NA NA 129.4% 76.7% 63.1%CV

417 13,031 0 0 8,832 15,826 35,945St. Error

St. Error %

95% Conf.

90% Conf.

171,847

92.7%

13,053

7.6% 50.9% 7.6% NA NA 10.6% 6.3% 5.2%

15.2% 101.9% 15.2% NA NA 21.2% 12.6% 10.3%

12.7% 85.1% 12.7% NA NA 17.7% 10.5% 8.6%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 92 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 2464.4# of Plots = 7

Acres Per Plot = 352.1

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type E4: Size 1

0 12,314 0 0 8,002 9,237 44,406Mean Tot.

NA 81.4% NA NA 102.6% 117.0% 80.9%CV

0 3,788 0 0 3,103 4,086 13,581St. Error

St. Error %

95% Conf.

90% Conf.

12,314

81.4%

3,788

30.8% NA 30.8% NA NA 38.8% 44.2% 30.6%

61.5% NA 61.5% NA NA 77.5% 88.5% 61.2%

51.4% NA 51.4% NA NA 64.8% 73.9% 51.1%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 93 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 20270.5# of Plots = 128

Acres Per Plot = 158.4

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type E4: Size 2/3

490 91,084 0 0 70,147 153,076 419,023Mean Tot.

1131.4% 101.8% NA NA 115.3% 85.1% 62.8%CV

490 8,196 0 0 7,147 11,514 23,254St. Error

St. Error %

95% Conf.

90% Conf.

91,574

101.1%

8,185

8.9% 100.0% 9.0% NA NA 10.2% 7.5% 5.5%

17.9% 200.0% 18.0% NA NA 20.4% 15.0% 11.1%

14.9% 167.1% 15.0% NA NA 17.0% 12.6% 9.3%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 94 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 6181.7# of Plots = 10

Acres Per Plot = 618.2

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type N1: Size 1

0 24,768 0 0 16,379 21,645 93,785Mean Tot.

NA 131.4% NA NA 125.9% 128.6% 81.1%CV

0 10,289 0 0 6,519 8,801 24,060St. Error

St. Error %

95% Conf.

90% Conf.

24,768

131.4%

10,289

41.5% NA 41.5% NA NA 39.8% 40.7% 25.7%

83.1% NA 83.1% NA NA 79.6% 81.3% 51.3%

69.4% NA 69.4% NA NA 66.5% 67.9% 42.9%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 95 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 34786.3# of Plots = 230

Acres Per Plot = 151.2

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type N1: Size 2/3

1,274 186,618 0 0 140,945 349,492 898,086Mean Tot.

497.6% 82.2% NA NA 124.5% 87.3% 54.6%CV

418 10,109 0 0 11,575 20,110 32,332St. Error

St. Error %

95% Conf.

90% Conf.

187,892

81.6%

10,106

5.4% 32.8% 5.4% NA NA 8.2% 5.8% 3.6%

10.8% 65.6% 10.8% NA NA 16.4% 11.5% 7.2%

9.0% 54.8% 9.1% NA NA 13.7% 9.6% 6.0%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 96 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 3577.1# of Plots = 8

Acres Per Plot = 447.1

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type N2: Size 1

0 11,309 0 0 10,528 25,055 61,111Mean Tot.

NA 137.1% NA NA 86.1% 83.8% 73.4%CV

0 5,482 0 0 3,206 7,423 15,869St. Error

St. Error %

95% Conf.

90% Conf.

11,309

137.1%

5,482

48.5% NA 48.5% NA NA 30.5% 29.6% 26.0%

96.9% NA 96.9% NA NA 60.9% 59.3% 51.9%

81.0% NA 81.0% NA NA 50.9% 49.5% 43.4%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 97 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 27554.4# of Plots = 142

Acres Per Plot = 194.0

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type N2: Size 2/3

432 115,306 0 0 68,931 314,352 634,319Mean Tot.

683.2% 100.0% NA NA 119.3% 76.8% 65.6%CV

248 9,679 0 0 6,901 20,267 34,943St. Error

St. Error %

95% Conf.

90% Conf.

115,738

99.9%

9,701

8.4% 57.3% 8.4% NA NA 10.0% 6.4% 5.5%

16.8% 114.7% 16.8% NA NA 20.0% 12.9% 11.0%

14.0% 95.8% 14.0% NA NA 16.7% 10.8% 9.2%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 98 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 1850.8# of Plots = 2

Acres Per Plot = 925.4

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type N3: Size 1

0 12,124 0 0 5,101 5,767 39,497Mean Tot.

NA 141.4% NA NA 141.4% 16.2% 123.1%CV

0 12,124 0 0 5,101 661 34,391St. Error

St. Error %

95% Conf.

90% Conf.

12,124

141.4%

12,124

100.0% NA 100.0% NA NA 100.0% 11.5% 87.1%

200.0% NA 200.0% NA NA 200.0% 22.9% 174.1%

167.1% NA 167.1% NA NA 167.1% 19.2% 145.5%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 99 of 137

Page 100: L.E. Caldwell Company Strategic Forestry Services … L.E. Caldwell Company Strategic Forestry Services Per Acre Volume Estimates by Type or Stand Super Type E1: Size 1 Prism BAF =

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 26106# of Plots = 133

Acres Per Plot = 196.3

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type N3: Size 2/3

1,184 140,072 0 0 68,319 181,411 549,515Mean Tot.

437.1% 79.0% NA NA 113.5% 78.0% 57.7%CV

449 9,601 0 0 6,726 12,267 27,491St. Error

St. Error %

95% Conf.

90% Conf.

141,256

78.1%

9,570

6.8% 37.9% 6.9% NA NA 9.8% 6.8% 5.0%

13.6% 75.8% 13.7% NA NA 19.7% 13.5% 10.0%

11.3% 63.3% 11.5% NA NA 16.4% 11.3% 8.4%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 100 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 1541.8# of Plots = 2

Acres Per Plot = 770.9

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type N4: Size 1

0 0 0 0 2,649 9,366 12,015Mean Tot.

NA NA NA NA 141.4% 88.8% 100.4%CV

0 0 0 0 2,649 5,882 8,532St. Error

St. Error %

95% Conf.

90% Conf.

0

NA

0

NA NA NA NA NA 100.0% 62.8% 71.0%

NA NA NA NA NA 200.0% 125.6% 142.0%

NA NA NA NA NA 167.1% 104.9% 118.7%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 101 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 28944.6# of Plots = 193

Acres Per Plot = 150.0

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type N4: Size 2/3

1,353 131,264 0 0 65,095 325,583 673,817Mean Tot.

484.7% 85.3% NA NA 116.8% 72.6% 54.0%CV

472 8,060 0 0 5,474 17,023 26,213St. Error

St. Error %

95% Conf.

90% Conf.

132,617

84.7%

8,085

6.1% 34.9% 6.1% NA NA 8.4% 5.2% 3.9%

12.2% 69.8% 12.3% NA NA 16.8% 10.5% 7.8%

10.2% 58.3% 10.3% NA NA 14.1% 8.7% 6.5%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 102 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 5285# of Plots = 21

Acres Per Plot = 251.7

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type W1: Size 1

0 19,045 0 0 34,871 33,391 108,854Mean Tot.

NA 143.9% NA NA 85.9% 105.1% 75.9%CV

0 5,980 0 0 6,537 7,657 18,027St. Error

St. Error %

95% Conf.

90% Conf.

19,045

143.9%

5,980

31.4% NA 31.4% NA NA 18.7% 22.9% 16.6%

62.8% NA 62.8% NA NA 37.5% 45.9% 33.1%

52.5% NA 52.5% NA NA 31.3% 38.3% 27.7%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 103 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 41159.1# of Plots = 269

Acres Per Plot = 153.0

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type W1: Size 2/3

3,973 173,947 0 0 189,506 289,512 852,485Mean Tot.

332.4% 105.4% NA NA 86.6% 80.8% 58.0%CV

805 11,182 0 0 10,009 14,271 30,170St. Error

St. Error %

95% Conf.

90% Conf.

177,920

103.2%

11,191

6.3% 20.3% 6.4% NA NA 5.3% 4.9% 3.5%

12.6% 40.5% 12.9% NA NA 10.6% 9.9% 7.1%

10.5% 33.9% 10.7% NA NA 8.8% 8.2% 5.9%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 104 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 1092.2# of Plots = 4

Acres Per Plot = 273.1

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type W2: Size 1

0 2,446 0 0 3,509 21,282 30,106Mean Tot.

NA 78.4% NA NA 107.8% 34.6% 24.5%CV

0 958 0 0 1,891 3,678 3,686St. Error

St. Error %

95% Conf.

90% Conf.

2,446

78.4%

958

39.2% NA 39.2% NA NA 53.9% 17.3% 12.2%

78.4% NA 78.4% NA NA 107.8% 34.6% 24.5%

65.5% NA 65.5% NA NA 90.0% 28.9% 20.5%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 105 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 30163.9# of Plots = 171

Acres Per Plot = 176.4

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type W2: Size 2/3

1,661 153,291 0 0 57,312 431,121 814,216Mean Tot.

463.4% 87.5% NA NA 137.7% 68.2% 48.2%CV

589 10,259 0 0 6,036 22,489 30,037St. Error

St. Error %

95% Conf.

90% Conf.

154,952

86.8%

10,289

6.6% 35.4% 6.7% NA NA 10.5% 5.2% 3.7%

13.3% 70.9% 13.4% NA NA 21.1% 10.4% 7.4%

11.1% 59.2% 11.2% NA NA 17.6% 8.7% 6.2%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 106 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 1097# of Plots = 4

Acres Per Plot = 274.3

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type W3: Size 1

0 1,156 0 0 940 5,566 9,152Mean Tot.

NA 69.9% NA NA 117.7% 80.9% 27.1%CV

0 404 0 0 553 2,251 1,238St. Error

St. Error %

95% Conf.

90% Conf.

1,156

69.9%

404

34.9% NA 34.9% NA NA 58.8% 40.4% 13.5%

69.9% NA 69.9% NA NA 117.7% 80.9% 27.1%

58.4% NA 58.4% NA NA 98.3% 67.6% 22.6%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 107 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 21225# of Plots = 136

Acres Per Plot = 156.1

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type W3: Size 2/3

600 101,810 0 0 39,184 252,873 509,023Mean Tot.

530.3% 99.3% NA NA 129.2% 80.2% 61.7%CV

273 8,668 0 0 4,340 17,391 26,951St. Error

St. Error %

95% Conf.

90% Conf.

102,410

98.9%

8,688

8.5% 45.5% 8.5% NA NA 11.1% 6.9% 5.3%

17.0% 90.9% 17.0% NA NA 22.2% 13.8% 10.6%

14.2% 76.0% 14.2% NA NA 18.5% 11.5% 8.8%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 108 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 2043# of Plots = 5

Acres Per Plot = 408.6

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type W4: Size 1

0 3,474 0 0 3,608 24,153 35,026Mean Tot.

NA 110.9% NA NA 112.5% 58.7% 61.6%CV

0 1,723 0 0 1,814 6,346 9,643St. Error

St. Error %

95% Conf.

90% Conf.

3,474

110.9%

1,723

49.6% NA 49.6% NA NA 50.3% 26.3% 27.5%

99.2% NA 99.2% NA NA 100.6% 52.5% 55.1%

82.9% NA 82.9% NA NA 84.0% 43.9% 46.0%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 109 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 18705.4# of Plots = 80

Acres Per Plot = 233.8

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type W4: Size 2/3

1,138 83,009 0 0 37,008 223,251 438,807Mean Tot.

452.5% 106.6% NA NA 124.5% 75.6% 58.7%CV

576 9,895 0 0 5,150 18,867 28,782St. Error

St. Error %

95% Conf.

90% Conf.

84,148

105.4%

9,914

11.8% 50.6% 11.9% NA NA 13.9% 8.5% 6.6%

23.6% 101.2% 23.8% NA NA 27.8% 16.9% 13.1%

19.7% 84.5% 19.9% NA NA 23.3% 14.1% 11.0%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 110 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 395.3# of Plots = 1

Acres Per Plot = 395.3

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type W5: Size 1

0 920 0 0 1,587 3,042 6,329Mean Tot.

NA NA NACV

St. Error

St. Error %

95% Conf.

90% Conf.

920

NA NA NA

NA NA NA

NA NA NA

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 111 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 4770.6# of Plots = 29

Acres Per Plot = 164.5

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type W5: Size 2/3

832 14,849 0 0 15,373 45,898 91,772Mean Tot.

320.4% 115.1% NA NA 104.2% 98.5% 84.6%CV

495 3,175 0 0 2,975 8,393 14,422St. Error

St. Error %

95% Conf.

90% Conf.

15,681

111.2%

3,238

20.7% 59.5% 21.4% NA NA 19.4% 18.3% 15.7%

41.3% 119.0% 42.8% NA NA 38.7% 36.6% 31.4%

34.5% 99.4% 35.7% NA NA 32.3% 30.6% 26.3%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 112 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 9155# of Plots = 9

Acres Per Plot = 1,017.2

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type W6: Size 1

0 8,461 0 0 21,134 15,504 55,274Mean Tot.

NA 222.2% NA NA 130.8% 141.7% 129.4%CV

0 6,267 0 0 9,215 7,324 23,837St. Error

St. Error %

95% Conf.

90% Conf.

8,461

222.2%

6,267

74.1% NA 74.1% NA NA 43.6% 47.2% 43.1%

148.1% NA 148.1% NA NA 87.2% 94.5% 86.2%

123.8% NA 123.8% NA NA 72.9% 78.9% 72.1%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 113 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics by Type or Stand

Prism BAF = 15Acres = 29136.3# of Plots = 171

Acres Per Plot = 170.4

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Super Type W6: Size 2/3

1,111 141,164 0 0 113,205 259,099 674,636Mean Tot.

617.0% 101.5% NA NA 112.2% 87.7% 68.5%CV

524 10,957 0 0 9,713 17,381 35,357St. Error

St. Error %

95% Conf.

90% Conf.

142,275

101.6%

11,055

7.8% 47.2% 7.8% NA NA 8.6% 6.7% 5.2%

15.5% 94.4% 15.5% NA NA 17.2% 13.4% 10.5%

13.0% 78.8% 13.0% NA NA 14.3% 11.2% 8.8%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 114 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Statistics for All Types or Strata Combined

Prism BAF = 15Acres = 393,837Total # of Plots = 2180

StatisticVeneer

MBFSawlog

MBFPalletMBF

BoltwoodMBF

Grow StkCords

PulpCords

TotalCords

Tot. MBFProducts

Stratified Estimates Combined

17,334 1,863,737 0 0 1,236,492 3,799,383 9,031,965Mean Tot.

480.5% 95.8% NA NA 114.3% 79.1% 60.1%CV

1,917 41,500 0 0 32,759 66,557 125,131St. Error

St. Error %

95% Conf.

90% Conf.

1,881,071

95.2%

41,611

2.2% 11.1% 2.2% NA NA 2.6% 1.8% 1.4%

4.4% 22.1% 4.5% NA NA 5.3% 3.5% 2.8%

3.7% 18.5% 3.7% NA NA 4.4% 2.9% 2.3%

Internal conversions from cubic feet to cords assume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule. Some totals maynot add up exactly due to rounding.

Above Statistics for All Species Combined

There are no assurances, warranties, or guarantees stated or implied by this report. 115 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Total Volume Estimates by Diameter- All Types or Stands Combined

Prism BAF = 15

Acres = 393,837

# of Plots = 2,180

Stratified Estimates Combined

Balsam firVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-2 0 ,0 0 0 ,0 0 04 0 ,0 0 0 ,0 0 06 0 ,0 0 0 ,0 0 08 0 ,0 0 0 ,0 0 0

10 0 ,0 0 0 ,0 0 0B alsam f ir

0 0 0 0 69,726.2 18,215.7 87,941.95

0 0 0 0 112,860.5 23,862.8 136,723.36

0 41,264,749 0 0 24,068.2 16,244.1 145,839.77

0 37,730,459 0 0 8,742.2 15,499.2 118,387.08

0 38,555,495 0 0 6,257.3 14,017.0 113,935.19

0 37,343,183 0 0 3,435.6 13,180.7 104,438.210

0 26,160,637 0 0 2,197.9 10,252.7 71,428.811

0 13,261,315 0 0 1,030.0 6,926.1 37,381.312

0 5,536,029 0 0 160.0 3,793.2 16,046.213

0 3,819,880 0 0 29.1 2,577.7 10,469.614

0 3,071,436 0 0 52.8 2,532.5 8,787.015

0 2,146,624 0 0 26.3 1,286.9 5,676.716

0 923,478 0 0 52.1 1,069.5 2,953.217

0 190,906 0 0 0.0 681.0 1,025.818

0 199,169 0 0 67.5 0.0 421.837

0 238,703 0 0 0.0 23.4 486.238

0 210,442,063 0 0 228,705.5 130,162.4 861,941.7Subtotal :

There are no assurances, warranties, or guarantees stated or implied by this report. 116 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Black spruceVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-

2 ,0 0 0 ,0 0 0

4 ,0 0 0 ,0 0 0

6 ,0 0 0 ,0 0 0

8 ,0 0 0 ,0 0 0

B lacksp ruce

0 0 0 0 6,936.3 196.3 7,132.65

0 0 0 0 8,941.4 525.4 9,466.86

0 4,205,123 0 0 2,788.3 557.9 14,380.07

0 3,141,632 0 0 1,056.1 827.2 9,614.08

0 3,353,239 0 0 668.5 817.5 9,550.99

0 2,095,662 0 0 384.6 243.2 5,578.110

0 1,404,750 0 0 41.2 226.9 3,443.111

0 2,193,961 0 0 34.3 223.8 5,240.912

0 1,679,561 0 0 98.2 38.4 3,790.113

0 314,079 0 0 0.0 31.8 666.814

0 270,189 0 0 27.5 193.8 754.315

0 1,688,138 0 0 104.1 220.0 3,748.316

0 245,554 0 0 0.0 30.3 586.817

0 339,622 0 0 22.9 0.0 667.421

0 227,674 0 0 0.0 22.6 464.537

0 21,159,183 0 0 21,103.4 4,155.0 75,084.8Subtotal :

There are no assurances, warranties, or guarantees stated or implied by this report. 117 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

HemlockVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-

10 ,0 0 0 ,0 0 0

2 0 ,0 0 0 ,0 0 0

3 0 ,0 0 0 ,0 0 0

Hemlo ck

0 0 0 0 1,738.6 1,419.1 3,157.75

0 0 0 0 3,462.5 3,345.9 6,808.46

0 0 0 0 6,941.8 2,946.4 9,888.27

0 0 0 0 8,395.8 7,376.7 15,772.48

0 0 0 0 11,573.3 5,722.4 17,295.79

0 6,059,163 0 0 7,480.1 7,428.4 27,972.910

0 7,904,447 0 0 3,195.6 10,436.9 30,533.311

0 8,875,495 0 0 2,518.2 8,976.2 30,066.912

0 12,063,864 0 0 652.3 16,164.4 41,932.213

0 10,428,088 0 0 957.0 14,239.6 36,042.414

0 15,604,516 0 0 1,080.4 13,608.8 45,484.315

0 10,343,235 0 0 279.9 16,516.1 37,056.516

0 10,597,933 0 0 362.9 14,785.5 35,544.017

0 9,214,433 0 0 0.0 13,240.2 30,910.218

0 6,641,438 0 0 0.0 16,637.2 29,119.219

0 6,426,039 0 0 0.0 10,024.5 22,004.520

0 3,836,930 0 0 0.0 9,658.7 16,614.721

0 5,597,092 0 0 199.2 14,470.9 24,857.622

0 2,692,972 0 0 0.0 12,654.2 17,562.523

0 1,697,496 0 0 0.0 3,527.2 6,661.224

0 2,273,751 0 0 0.0 4,470.5 8,518.125

0 1,182,927 0 0 0.0 1,711.5 3,851.226

0 396,587 0 0 0.0 2,121.3 2,844.727

0 259,329 0 0 0.0 5,841.9 6,271.929

0 692,317 0 0 0.0 1,353.6 2,579.830

0 687,775 0 0 0.0 3,259.2 4,446.831

0 0 0 0 0.0 1,605.3 1,605.332

0 0 0 0 0.0 786.5 786.533

There are no assurances, warranties, or guarantees stated or implied by this report. 118 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

0 0 0 0 0.0 1,218.1 1,218.134

0 0 0 0 0.0 859.1 859.135

0 0 0 0 0.0 930.9 930.936

0 123,475,827 0 0 48,837.7 227,337.3 519,197.3Subtotal :

Red pineVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-

1,0 0 0 ,0 0 0

2 ,0 0 0 ,0 0 0

3 ,0 0 0 ,0 0 0

R ed p ine

0 0 0 0 168.3 0.0 168.35

0 0 0 0 0.0 679.3 679.36

0 0 0 0 343.8 103.3 447.17

0 0 0 0 718.2 575.2 1,293.49

0 601,030 0 0 841.6 911.5 2,999.410

0 1,438,620 0 0 741.7 429.6 4,237.211

0 715,743 0 0 105.7 374.8 1,923.112

0 298,024 0 0 0.0 179.5 766.213

0 284,434 0 0 0.0 42.1 696.914

0 1,713,279 0 0 81.7 1,421.8 4,774.315

0 909,450 0 0 89.2 454.4 2,254.616

0 320,668 0 0 88.9 84.0 768.417

0 800,542 0 0 0.0 199.0 1,668.119

0 232,083 0 0 0.0 415.9 810.527

0 7,313,873 0 0 3,179.2 5,870.4 23,486.9Subtotal :

There are no assurances, warranties, or guarantees stated or implied by this report. 119 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Red spruceVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-50 ,0 0 0 ,0 0 0

10 0 ,0 0 0 ,0 00

150 ,0 0 0 ,0 0 02 0 0 ,0 0 0 ,0 0

0

2 50 ,0 0 0 ,0 00

R ed spruce

0 0 0 0 42,306.8 11,525.5 53,832.35

0 0 0 0 79,849.2 14,127.1 93,976.36

0 39,409,651 0 0 22,818.9 8,540.6 133,172.57

0 65,977,862 0 0 19,534.1 10,240.1 194,402.68

0 87,720,924 0 0 18,338.3 10,763.0 241,542.69

0 103,024,998 0 0 14,115.8 12,294.3 265,526.910

0 98,788,141 0 0 10,290.4 11,216.1 242,302.611

0 99,842,792 0 0 7,800.6 12,858.2 236,796.912

0 94,236,793 0 0 6,352.3 9,058.7 214,604.813

0 77,220,597 0 0 4,248.2 8,630.4 172,346.814

0 65,264,810 0 0 3,485.4 6,891.1 143,225.915

0 48,553,885 0 0 1,746.1 4,333.2 103,498.016

0 24,849,637 0 0 971.1 3,884.0 54,174.317

0 15,231,275 0 0 484.2 2,505.0 32,864.418

0 13,849,900 0 0 231.2 2,960.0 29,776.019

0 8,102,168 0 0 205.0 908.5 16,861.720

0 2,580,968 0 0 76.1 624.6 5,792.021

0 5,306,827 0 0 77.7 916.3 10,936.422

0 1,358,353 0 0 0.0 52.8 2,536.323

0 967,069 0 0 38.9 610.7 2,422.224

0 456,835 0 0 0.0 16.0 839.526

0 0 0 0 0.0 598.2 598.227

0 273,956 0 0 0.0 384.9 853.133

0 0 0 0 552.3 0.0 552.336

0 853,017,443 0 0 233,522.6 133,939.3 2,253,434.7Subtotal :

There are no assurances, warranties, or guarantees stated or implied by this report. 120 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

TamarackVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-50 0 ,0 0 0

1,0 0 0 ,0 0 0

1,50 0 ,0 0 0

2 ,0 0 0 ,0 0 0

6 8 10 12 14 16 18 2 0

T amar ack

0 0 0 0 456.2 0.0 456.25

0 0 0 0 552.8 0.0 552.86

0 0 0 0 530.7 787.4 1,318.17

0 0 0 0 3,582.9 674.3 4,257.28

0 0 0 0 1,007.6 165.5 1,173.19

0 486,888 0 0 528.8 371.0 1,930.210

0 283,829 0 0 117.9 0.0 708.111

0 994,783 0 0 93.3 815.1 2,929.812

0 327,279 0 0 90.3 800.4 1,542.913

0 336,933 0 0 87.8 0.0 744.414

0 317,360 0 0 0.0 432.9 1,036.115

0 716,988 0 0 0.0 2,158.4 3,495.016

0 932,229 0 0 0.0 365.0 2,080.317

0 830,601 0 0 79.4 179.8 1,780.918

0 475,504 0 0 0.0 177.4 1,036.019

0 708,051 0 0 83.5 482.5 1,833.720

0 6,410,446 0 0 7,211.2 7,409.7 26,874.9Subtotal :

There are no assurances, warranties, or guarantees stated or implied by this report. 121 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

White cedarVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-10 ,0 0 0 ,0 0 02 0 ,0 0 0 ,0 0 03 0 ,0 0 0 ,0 0 04 0 ,0 0 0 ,0 0 0

W hit eced ar

0 0 0 0 4,657.2 4,098.7 8,755.95

0 0 0 0 8,787.4 10,316.2 19,103.66

0 0 0 0 10,543.8 18,738.9 29,282.67

0 0 0 0 21,627.2 31,723.6 53,350.98

0 0 0 0 24,438.8 43,347.2 67,786.09

0 10,930,415 0 0 12,871.4 43,816.2 80,877.910

0 17,350,878 0 0 10,607.5 45,013.4 94,438.111

0 18,909,069 0 0 7,274.7 57,750.1 106,825.912

0 16,434,167 0 0 5,190.8 60,082.0 100,806.813

0 13,537,542 0 0 3,269.6 46,229.8 78,413.714

0 12,820,832 0 0 2,131.3 39,713.6 69,070.615

0 6,808,368 0 0 625.8 26,451.8 40,976.116

0 6,407,450 0 0 846.0 29,315.0 43,578.317

0 6,126,037 0 0 317.1 23,892.2 36,467.818

0 2,247,412 0 0 507.1 13,806.6 18,787.619

0 837,728 0 0 27.8 6,400.0 8,277.120

0 1,231,427 0 0 20.9 8,967.8 11,460.521

0 0 0 0 0.0 2,114.0 2,114.022

0 284,738 0 0 150.4 2,034.8 2,689.523

0 0 0 0 0.0 1,782.7 1,782.724

0 575,325 0 0 0.0 323.3 1,374.025

0 389,091 0 0 0.0 14.0 749.626

0 0 0 0 0.0 682.8 682.828

0 0 0 0 0.0 0.0 0.034

0 114,890,480 0 0 113,894.9 516,614.8 877,652.0Subtotal :

There are no assurances, warranties, or guarantees stated or implied by this report. 122 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

White pineVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-

2 0 ,0 0 0 ,0 0 0

4 0 ,0 0 0 ,0 0 0

6 0 ,0 0 0 ,0 0 0

W hit e p ine

0 0 0 0 3,883.7 3,594.4 7,478.15

0 0 0 0 5,239.9 1,707.4 6,947.36

0 0 0 0 6,242.0 6,468.2 12,710.27

0 0 0 0 5,073.7 7,149.6 12,223.38

0 0 0 0 5,714.0 2,677.4 8,391.49

0 1,121,579 0 0 1,335.0 4,116.4 7,765.910

0 2,016,928 0 0 680.8 2,224.7 7,144.711

0 5,240,722 0 0 812.7 6,770.1 18,186.112

0 6,793,844 0 0 787.8 4,528.9 18,774.313

0 4,677,208 0 0 173.4 2,500.7 11,859.914

0 8,431,603 0 0 170.0 3,427.6 19,782.015

0 6,135,882 0 0 72.6 4,684.8 16,117.916

0 8,157,733 0 0 0.0 8,332.1 23,453.417

0 9,416,794 0 0 0.0 5,898.8 23,223.018

0 10,868,936 0 0 156.7 6,966.1 26,852.319

0 9,738,508 0 0 0.0 4,529.6 22,105.020

0 14,506,269 0 0 0.0 7,369.9 33,151.621

0 12,168,644 0 0 0.0 6,176.0 27,716.522

0 6,471,967 0 0 0.0 3,969.6 15,387.523

0 8,472,753 0 0 0.0 4,952.3 19,742.624

0 7,462,676 0 0 0.0 3,920.5 16,906.525

0 7,223,219 0 0 0.0 5,170.1 17,634.826

0 3,605,049 0 0 0.0 3,487.7 9,728.327

0 2,953,345 0 0 0.0 1,392.9 6,519.728

0 3,645,826 0 0 0.0 4,050.2 10,368.329

0 2,603,147 0 0 0.0 1,322.0 5,832.030

0 1,496,318 0 0 0.0 2,019.7 4,598.131

0 489,919 0 0 0.0 981.9 1,797.532

There are no assurances, warranties, or guarantees stated or implied by this report. 123 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

0 2,998,459 0 0 0.0 2,669.5 7,779.933

0 957,090 0 0 0.0 612.2 2,222.934

0 937,235 0 0 0.0 508.5 2,167.735

0 0 0 0 0.0 1,123.6 1,123.636

0 559,762 0 0 0.0 394.7 1,325.137

0 0 0 0 0.0 1,038.5 1,038.538

0 502,394 0 0 462.8 168.5 1,453.639

0 299,076 0 0 0.0 1,730.6 2,191.440

0 149,952,886 0 0 30,805.2 128,635.9 431,700.9Subtotal :

White spruceVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-

5,0 0 0 ,0 0 0

10 ,0 0 0 ,0 0 0

15,0 0 0 ,0 0 0

W hit esp ruce

0 0 0 0 1,156.0 510.9 1,666.95

0 0 0 0 5,623.6 1,081.8 6,705.46

0 2,030,274 0 0 1,131.8 390.4 6,695.77

0 3,209,528 0 0 948.0 185.1 9,226.38

0 3,911,123 0 0 733.4 1,204.9 11,365.29

0 4,448,065 0 0 640.3 624.3 11,527.410

0 4,905,332 0 0 416.1 294.4 11,537.311

0 9,285,871 0 0 773.9 810.3 21,662.012

0 5,788,005 0 0 207.8 302.9 12,651.513

0 5,849,428 0 0 249.4 183.9 12,598.014

0 6,532,542 0 0 288.2 241.2 13,659.215

0 4,279,674 0 0 142.2 384.7 8,967.316

0 1,496,771 0 0 77.8 0.0 3,143.517

0 1,752,873 0 0 23.0 63.4 3,490.218

0 374,888 0 0 23.0 0.0 776.519

0 361,253 0 0 20.2 0.0 739.221

0 54,225,627 0 0 12,454.8 6,278.0 136,411.6Subtotal :

Softwood 0 1,540,887,829 0 0 699,714.5 1,160,402.7 5,205,784.8All

There are no assurances, warranties, or guarantees stated or implied by this report. 124 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

AspenVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-2 ,0 0 0 ,0 0 04 ,0 0 0 ,0 0 06 ,0 0 0 ,0 0 08 ,0 0 0 ,0 0 0

10 ,0 0 0 ,0 0 0

A sp en

0 0 0 0 3,444.3 7,146.4 10,590.75

0 0 0 0 3,900.3 10,371.8 14,272.16

0 0 0 0 3,316.2 7,741.8 11,058.07

0 0 0 0 4,008.8 13,412.6 17,421.58

0 0 0 0 3,782.0 11,159.4 14,941.49

0 0 0 0 6,308.5 15,328.2 21,636.710

0 1,743,764 0 0 1,619.2 16,322.5 21,400.011

0 3,661,671 0 0 993.5 24,526.1 32,993.512

0 4,044,792 0 0 0.0 23,429.9 31,711.813

0 4,715,560 0 0 0.0 17,258.3 26,662.114

0 3,868,452 0 0 619.4 19,663.2 27,890.215

173,565 2,348,374 0 0 0.0 18,369.1 23,273.816

0 1,967,241 0 0 0.0 15,418.4 19,135.217

0 1,763,356 0 0 0.0 11,175.2 14,538.218

0 2,255,514 0 0 0.0 12,267.3 16,512.119

351,770 675,195 0 0 0.0 6,800.9 8,677.720

250,955 1,118,691 0 0 0.0 7,415.8 9,923.821

0 731,708 0 0 0.0 3,431.0 4,751.822

257,188 569,899 0 0 0.0 4,404.7 5,870.723

0 0 0 0 0.0 877.2 877.225

0 189,381 0 0 0.0 510.3 868.626

0 0 0 0 0.0 790.8 790.828

0 0 0 0 0.0 871.0 871.030

1,033,478 29,653,598 0 0 27,992.4 248,691.9 336,669.0Subtotal :

There are no assurances, warranties, or guarantees stated or implied by this report. 125 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Balsam poplarVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-10 0 ,0 0 02 0 0 ,0 0 03 0 0 ,0 0 04 0 0 ,0 0 0

B alsampoplar

0 0 0 0 0.0 321.8 321.85

0 0 0 0 0.0 934.7 934.76

0 0 0 0 0.0 600.2 600.28

0 0 0 0 0.0 692.6 692.69

0 156,661 0 0 0.0 1,492.3 1,829.811

0 0 0 0 0.0 689.3 689.313

0 166,970 0 0 0.0 1,346.3 1,687.314

0 0 0 0 0.0 1,349.9 1,349.915

0 0 0 0 0.0 863.9 863.920

0 375,364 0 0 0.0 160.0 825.721

0 0 0 0 0.0 946.0 946.023

0 0 0 0 0.0 0.0 0.024

0 698,995 0 0 0.0 9,397.1 10,741.4Subtotal :

There are no assurances, warranties, or guarantees stated or implied by this report. 126 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

BeechVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-10 0 ,0 0 0

2 0 0 ,0 0 03 0 0 ,0 0 04 0 0 ,0 0 050 0 ,0 0 0

B eech

0 0 0 0 171.1 16,136.7 16,307.85

0 0 0 0 543.9 24,908.1 25,452.06

0 0 0 0 567.9 26,801.2 27,369.17

0 0 0 0 548.3 28,935.3 29,483.58

0 0 0 0 0.0 31,988.8 31,988.89

0 0 0 0 732.8 32,862.6 33,595.410

0 225,165 0 0 166.9 30,395.7 30,956.611

0 225,842 0 0 0.0 27,115.7 27,536.412

0 218,155 0 0 0.0 18,598.5 18,998.613

0 0 0 0 0.0 12,572.3 12,572.314

0 0 0 0 0.0 10,308.8 10,308.815

0 407,908 0 0 0.0 9,035.0 9,759.016

0 410,348 0 0 0.0 8,263.9 8,986.417

0 0 0 0 0.0 8,542.8 8,542.818

0 0 0 0 0.0 5,010.2 5,010.219

0 0 0 0 0.0 0.0 0.020

0 0 0 0 0.0 498.1 498.121

0 0 0 0 0.0 601.2 601.222

0 0 0 0 0.0 725.4 725.423

0 0 0 0 0.0 0.0 0.026

0 1,487,417 0 0 2,730.9 293,300.2 298,692.4Subtotal :

There are no assurances, warranties, or guarantees stated or implied by this report. 127 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Black ashVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-

2 0 0 ,0 0 0

4 0 0 ,0 0 0

6 0 0 ,0 0 0

6 8 10 12 14 16 2 2

B lack ash

0 0 0 0 0.0 1,008.6 1,008.65

0 0 0 0 0.0 1,587.8 1,587.86

0 0 0 0 561.0 1,162.2 1,723.27

0 0 0 0 0.0 2,787.8 2,787.88

0 0 0 0 0.0 911.4 911.49

0 0 0 0 0.0 1,495.4 1,495.410

0 0 0 0 0.0 2,888.9 2,888.912

0 110,937 0 0 119.7 276.3 591.413

0 276,977 0 0 0.0 340.9 885.915

0 286,386 0 0 0.0 1,272.8 1,809.616

0 0 0 0 0.0 782.6 782.622

0 674,300 0 0 680.8 14,514.8 16,472.8Subtotal :

Black cherryVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-00111

8 10

B lackcherry

0 0 0 0 0.0 337.1 337.17

0 0 0 0 0.0 622.3 622.310

0 0 0 0 0.0 959.4 959.4Subtotal :

There are no assurances, warranties, or guarantees stated or implied by this report. 128 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Other hardwdVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-50 ,0 0 0

10 0 ,0 0 0150 ,0 0 0

2 0 0 ,0 0 02 50 ,0 0 0

6 8 10 12 14 18 2 0

Ot herhardwd

0 0 0 0 0.0 9,349.3 9,349.35

0 0 0 0 0.0 7,737.8 7,737.86

0 0 0 0 0.0 7,274.6 7,274.67

0 0 0 0 231.8 2,643.4 2,875.28

0 0 0 0 0.0 1,481.7 1,481.79

0 0 0 0 365.3 1,527.2 1,892.410

0 0 0 0 0.0 1,432.4 1,432.411

0 0 0 0 0.0 1,426.9 1,426.912

0 0 0 0 0.0 2,459.0 2,459.013

0 0 0 0 0.0 1,938.0 1,938.014

0 0 0 0 0.0 379.7 379.717

0 209,764 0 0 0.0 447.5 817.219

0 209,764 0 0 597.1 38,097.5 39,064.2Subtotal :

There are no assurances, warranties, or guarantees stated or implied by this report. 129 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Paper birchVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-

5,0 0 0 ,0 0 0

10 ,0 0 0 ,0 0 0

15,0 0 0 ,0 0 0

Pap erbirch

0 0 0 0 10,977.1 14,183.7 25,160.95

0 0 0 0 15,970.1 24,488.6 40,458.66

0 0 0 0 19,130.7 23,647.5 42,778.37

0 0 0 0 19,984.8 20,173.7 40,158.58

0 0 0 0 23,037.9 25,844.0 48,881.99

0 0 0 0 16,825.6 23,208.6 40,034.210

0 4,651,586 0 0 7,650.4 18,295.7 34,751.911

0 5,118,736 0 0 2,396.6 14,241.7 27,217.812

0 4,559,682 0 0 1,032.2 8,791.7 19,004.813

220,127 1,583,983 0 0 257.5 7,054.1 10,779.414

681,006 3,438,608 0 0 92.4 4,880.5 12,819.915

0 339,051 0 0 0.0 1,741.9 2,393.316

327,586 1,525,401 0 0 0.0 3,831.3 7,307.417

0 379,831 0 0 146.9 1,042.2 1,824.118

0 494,150 0 0 0.0 2,117.0 3,017.319

0 0 0 0 0.0 0.0 0.020

0 0 0 0 0.0 579.2 579.222

0 0 0 0 0.0 709.5 709.524

0 0 0 0 0.0 0.0 0.036

0 0 0 0 0.0 640.6 640.638

1,228,719 22,091,027 0 0 117,502.1 195,471.5 358,517.7Subtotal :

There are no assurances, warranties, or guarantees stated or implied by this report. 130 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Red mapleVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-5,0 0 0 ,0 0 0

10 ,0 0 0 ,0 0 015,0 0 0 ,0 0 0

2 0 ,0 0 0 ,0 0 0

R ed map le

0 0 0 0 7,089.3 36,431.1 43,520.45

0 0 0 0 8,954.3 50,007.2 58,961.46

0 0 0 0 18,553.8 78,710.6 97,264.47

0 0 0 0 23,927.3 66,457.4 90,384.68

0 0 0 0 21,868.6 66,504.6 88,373.29

0 0 0 0 22,122.2 60,662.4 82,784.510

0 4,597,921 0 0 10,876.5 66,412.2 86,209.311

0 9,910,484 0 0 6,887.5 63,004.9 89,820.712

0 10,024,736 0 0 3,225.9 62,641.0 85,961.313

386,188 7,434,367 0 0 805.5 51,970.1 67,852.714

0 6,416,167 0 0 80.8 41,090.9 53,391.715

124,796 5,865,154 0 0 253.1 34,236.1 45,779.116

0 3,772,158 0 0 135.3 27,982.2 35,305.417

0 2,017,977 0 0 0.0 22,937.8 26,734.918

0 3,360,092 0 0 0.0 14,765.2 20,749.819

110,569 1,332,594 0 0 0.0 8,748.0 11,351.920

0 1,312,682 0 0 0.0 8,898.4 11,241.621

0 529,379 0 0 0.0 2,410.5 3,353.022

0 0 0 0 0.0 8,915.1 8,915.123

0 160,107 0 0 0.0 2,176.8 2,434.324

0 336,845 0 0 0.0 4,020.9 4,558.225

0 534,182 0 0 0.0 2,453.7 3,361.926

0 0 0 0 0.0 802.0 802.027

0 0 0 0 0.0 1,184.8 1,184.831

0 0 0 0 0.0 292.1 292.134

621,553 57,604,845 0 0 124,780.1 783,716.0 1,020,588.5Subtotal :

There are no assurances, warranties, or guarantees stated or implied by this report. 131 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Red oakVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-

50 0 ,0 0 0

1,0 0 0 ,0 0 0

1,50 0 ,0 0 0

R ed o ak

0 0 0 0 337.0 0.0 337.05

0 0 0 0 453.6 792.9 1,246.56

0 0 0 0 1,476.1 1,293.3 2,769.37

0 0 0 0 1,882.3 2,134.9 4,017.38

0 0 0 0 647.9 1,343.6 1,991.59

0 0 0 0 1,782.3 1,545.2 3,327.510

0 540,481 0 0 672.4 497.6 2,267.811

0 113,911 0 0 267.3 47.4 519.412

119,518 441,408 0 0 0.0 701.1 1,755.314

0 171,406 0 0 92.4 1,521.6 1,960.015

238,758 691,761 0 0 113.1 689.8 2,544.216

175,455 486,194 0 0 105.7 796.2 2,181.017

118,070 574,296 0 0 0.0 613.1 1,894.718

464,028 142,276 0 0 114.7 390.3 1,622.820

0 182,210 0 0 0.0 115.7 465.622

1,115,830 3,343,943 0 0 7,944.8 12,482.6 28,899.8Subtotal :

There are no assurances, warranties, or guarantees stated or implied by this report. 132 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

Sugar mapleVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-10 ,0 0 0 ,0 0 02 0 ,0 0 0 ,0 0 03 0 ,0 0 0 ,0 0 04 0 ,0 0 0 ,0 0 0

Sug armap le

0 0 0 0 8,323.8 7,866.6 16,190.45

0 0 0 0 9,122.0 9,864.4 18,986.46

0 0 0 0 11,332.4 19,678.5 31,011.07

0 0 0 0 20,154.0 35,426.9 55,580.98

0 0 0 0 18,501.2 28,999.3 47,500.59

0 0 0 0 23,570.3 31,111.5 54,681.810

0 8,311,386 0 0 13,172.1 37,121.6 66,011.611

0 13,931,559 0 0 6,841.0 54,268.0 88,593.612

0 14,594,722 0 0 3,253.0 35,695.9 67,725.813

1,614,077 12,796,037 0 0 1,123.7 32,266.5 61,121.714

127,233 11,145,097 0 0 762.2 24,906.0 47,347.115

1,103,770 11,943,851 0 0 242.7 38,348.6 63,235.016

595,601 10,313,051 0 0 241.5 33,961.6 54,514.817

793,404 7,088,085 0 0 0.0 26,669.7 41,250.618

277,541 5,901,154 0 0 0.0 25,087.1 36,322.419

243,024 3,899,104 0 0 110.9 20,324.2 27,820.320

312,945 2,752,095 0 0 349.3 16,044.8 21,928.521

0 5,471,681 0 0 0.0 18,344.7 28,088.222

0 3,578,268 0 0 0.0 20,073.3 26,457.423

0 2,250,644 0 0 0.0 21,437.7 25,483.924

0 809,760 0 0 0.0 7,481.8 8,885.925

0 395,555 0 0 0.0 5,710.1 6,365.926

0 557,916 0 0 0.0 3,359.9 4,308.527

0 623,536 0 0 0.0 6,243.1 7,255.528

0 0 0 0 0.0 1,783.4 1,783.429

0 271,472 0 0 0.0 2,362.7 2,795.730

0 0 0 0 0.0 3,762.0 3,762.031

0 408,537 0 0 0.0 3,620.4 4,313.432

There are no assurances, warranties, or guarantees stated or implied by this report. 133 of 137

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L.E. Caldwell CompanyStrategic Forestry Services

0 0 0 0 0.0 4,236.5 4,236.533

0 0 0 0 0.0 484.3 484.334

0 0 0 0 0.0 216.7 216.735

0 0 0 0 368.3 69.0 437.336

0 355,259 0 0 0.0 608.2 1,132.337

0 0 0 0 0.0 0.0 0.039

0 0 0 0 0.0 1,125.9 1,125.941

5,067,596 117,398,769 0 0 117,468.4 578,561.2 926,955.0Subtotal :

There are no assurances, warranties, or guarantees stated or implied by this report. 134 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

White ashVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-1,0 0 0 ,0 0 0

2 ,0 0 0 ,0 0 03 ,0 0 0 ,0 0 04 ,0 0 0 ,0 0 05,0 0 0 ,0 0 0

W hit e ash

0 0 0 0 2,698.8 2,003.7 4,702.55

0 0 0 0 1,671.4 2,401.2 4,072.56

0 0 0 0 2,197.5 3,097.2 5,294.77

0 0 0 0 5,737.0 4,168.7 9,905.78

0 0 0 0 4,113.7 2,140.8 6,254.59

0 0 0 0 3,370.3 3,270.1 6,640.310

0 1,212,347 0 0 2,971.6 3,170.4 8,453.511

0 648,264 0 0 142.7 3,487.6 4,876.012

0 1,522,029 0 0 546.2 2,055.8 5,596.813

635,804 2,295,938 0 0 107.5 5,785.9 11,422.414

159,708 1,199,438 0 0 123.7 1,736.7 4,367.415

162,239 861,144 0 0 0.0 1,002.3 2,878.616

0 285,872 0 0 125.6 1,165.0 1,785.117

312,016 720,206 0 0 0.0 1,829.0 3,629.418

0 383,567 0 0 235.5 2,693.0 3,618.619

121,606 295,334 0 0 0.0 239.4 929.120

301,705 1,304,344 0 0 66.0 1,701.8 4,553.321

0 316,355 0 0 0.0 459.4 1,015.024

0 195,810 0 0 0.0 1,342.0 1,698.326

0 0 0 0 0.0 926.8 926.827

0 0 0 0 0.0 496.4 496.428

1,693,078 11,240,647 0 0 24,107.3 45,173.0 93,117.1Subtotal :

There are no assurances, warranties, or guarantees stated or implied by this report. 135 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

Yellow birchVeneerBd Ft

SawlogBd Ft

Pallet/TieBd Ft

BoltwoodBd Ft

GrowStock Cds

Pulp Cds Total Mer.Cds

Saw & V eneer B d.F t . b y D BH C lass

-5,0 0 0 ,0 0 0

10 ,0 0 0 ,0 0 015,0 0 0 ,0 0 0

2 0 ,0 0 0 ,0 0 02 5,0 0 0 ,0 0 0

Y ello wbirch

0 0 0 0 11,723.3 10,357.8 22,081.15

0 0 0 0 18,030.5 14,724.3 32,754.86

0 0 0 0 11,787.9 19,682.3 31,470.27

0 0 0 0 16,494.7 21,063.3 37,557.98

0 0 0 0 12,546.6 35,487.1 48,033.69

0 0 0 0 18,990.9 26,677.0 45,667.910

0 7,130,281 0 0 10,558.7 39,595.0 63,910.911

0 12,729,140 0 0 6,863.1 31,461.6 64,097.512

0 8,771,403 0 0 1,878.2 31,160.5 50,633.313

1,474,236 9,015,285 0 0 2,331.0 29,812.0 52,568.514

1,005,320 6,094,842 0 0 421.8 21,824.9 36,068.715

929,091 7,650,413 0 0 152.4 23,904.7 40,553.116

2,192,708 6,912,576 0 0 333.7 20,469.6 38,019.217

118,070 5,651,470 0 0 388.5 15,203.9 26,425.618

297,018 2,616,406 0 0 118.7 8,475.0 14,063.419

0 4,271,843 0 0 0.0 18,548.0 26,421.320

119,090 1,024,932 0 0 132.0 8,127.0 10,378.821

0 1,471,226 0 0 221.5 10,171.9 13,107.822

254,129 2,555,523 0 0 0.0 7,760.1 12,801.323

184,091 929,734 0 0 0.0 7,433.1 9,354.424

0 237,215 0 0 0.0 3,796.2 4,246.525

0 0 0 0 0.0 2,323.0 2,323.026

0 261,122 0 0 0.0 1,351.4 1,817.927

0 369,589 0 0 0.0 3,475.0 4,119.628

0 164,880 0 0 0.0 947.4 1,218.229

0 188,175 0 0 0.0 1,292.6 1,644.930

0 0 0 0 0.0 0.0 0.031

0 128,936 0 0 0.0 2,260.0 2,460.533

There are no assurances, warranties, or guarantees stated or implied by this report. 136 of 137

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1/13/2012

L.E. Caldwell CompanyStrategic Forestry Services

0 271,177 0 0 0.0 1,230.0 1,703.334

6,573,754 78,446,169 0 0 112,973.5 418,614.7 695,503.1Subtotal :

Hardwood 17,334,009 322,849,474 0 0 536,777.3 2,638,979.9 3,826,180.3All

Totals 17,334,009 1,863,737,303 0 0 1,236,491.8 3,799,382.6 9,031,965.1

Some numbers may not add up exactly due to rounding. Internal conversions from cubic feet to cordsassume 85 cubic feet per cord. Board foot units are in Int. 1/4" rule.

There are no assurances, warranties, or guarantees stated or implied by this report. 137 of 137


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