TIMBER SALE BID SUMMARY. Prospectus: 4671 Sealed Bid

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1 TIMBER SALE SUMMARY Prospectus: 4671 Sealed Bid Scheduled place, date and time of bid opening: Actual place, date and time of bid opening: Number of Sales: Offered = 3 With Bids = Newberry Office 06/22/ :00 AM (local time) Newberry Office 3 Without Bids = 0 06/22/ :00 AM (local time) Withdrawn = PURSUANT TO PUBLIC NOTICE, SEALED S WERE OPENED AND COMPARED OR AN ORAL AUCTION WAS HELD. THE FOLLOWING PERSONS WERE IN ATTENDANCE: 1. Keith Magnusson, Sale Officer 2. Jason Tokar, Witness 3. jeff zellar 4. Jim Spencer 5. Tuffy Burton 6. Brad Veneberg 7. Neil Jorgensen 8. Jason Darling 9. Matt Payment 10. Scott Kentner 11. Sharolynn Robinson 12. Jim Zellar 0 SALE NAME: DUCK LAKE SALVAGE #1 SALE NUMBER: HIGHEST DER: Cutting Edge Forest s % OVER MINIMUM: 1,799.31% % OVER MINIMUM: SALE NAME: DUCK LAKE SALVAGE #2 SALE NUMBER: HIGHEST DER: Cutting Edge Forest s 1,617.64% SALE NAME: DUCK LAKE SALVAGE #3 SALE NUMBER: HIGHEST DER: Alex R Johnson % OVER MINIMUM: 2,242.86% Note: This information can be found on the web at: POSTED BY: Sharolynn Robinson POSTED ON: 06/22/2012 at 10:39:27 am Page 1 of 5

2 DUCK LAKE SALVAGE # * Cutting Edge Forest s s of Alex R Johnson Jack Gribbell Harvesting, Jack Pine Pulpwood Cords $1.00 $15.00 $15.00 $10.00 $12.53 $11.00 $7.75 Red Oak Pulpwood Cords $1.00 $8.00 $10.00 $1.00 $1.25 $11.00 $2.50 Red Pine Pulpwood Cords 1, $1.00 $21.25 $15.00 $17.50 $15.53 $11.00 $10.75 White Pine Pulpwood Cords $1.00 $17.00 $15.00 $8.00 $6.50 $11.00 $7.50 Total $1, $34, $26, $25, $22, $20, $16, DUCK LAKE SALVAGE #1 Lumber E H Tulgestka & Sons Jack Pine Pulpwood Cords $1.00 $1.25 $1.00 $1.00 Red Oak Pulpwood Cords $1.00 $1.00 $1.00 $5.00 Red Pine Pulpwood Cords 1, $1.00 $9.26 $8.36 $5.25 White Pine Pulpwood Cords $1.00 $1.00 $1.00 $1.00 Total $1, $11, $10, $7, Page 2 of 5

3 DUCK LAKE SALVAGE # Bidders: 8 * Cutting Edge Forest s s of Harvesting, Alex R Johnson Lumber Jack Pine Pulpwood Cords $1.00 $10.10 $15.00 $12.50 $7.75 $5.00 $1.25 Red Oak Pulpwood Cords $1.00 $10.10 $10.00 $1.25 $2.50 $1.00 $1.00 Red Pine Pulpwood Cords 1, $1.00 $20.50 $15.00 $15.23 $10.76 $12.50 $9.26 White Pine Pulpwood Cords $1.00 $17.00 $15.00 $5.23 $7.51 $3.00 $1.00 Total $2, $37, $32, $28, $20, $20, $13, DUCK LAKE SALVAGE #2 E H Tulgestka & Sons Bidders: 8 Jack Pine Pulpwood Cords $1.00 $1.00 $2.00 Red Oak Pulpwood Cords $1.00 $1.00 $5.00 Red Pine Pulpwood Cords 1, $1.00 $8.36 $5.25 White Pine Pulpwood Cords $1.00 $1.00 $1.00 Total $2, $11, $8, Page 3 of 5

4 DUCK LAKE SALVAGE # * Alex R Johnson Hydrolake Leasing & Service Co s of Cutting Edge Forest s Lumber Balsam Fir Pulpwood Cords 3.00 $1.00 $1.00 $7.00 $1.00 $1.25 $10.00 $1.00 Jack Pine Pulpwood Cords $1.00 $1.00 $7.00 $15.00 $10.23 $10.00 $1.25 Mixed Hardwood Pulpwood Cords $1.00 $1.00 $5.00 $10.00 $1.25 $10.00 $1.00 Red Oak Pulpwood Cords 2.00 $1.00 $1.00 $5.00 $10.00 $1.25 $10.00 $1.00 Red Pine Pulpwood Cords 1, $1.00 $30.00 $22.55 $15.00 $15.23 $10.00 $6.48 White Pine Pulpwood Cords $1.00 $15.00 $20.00 $15.00 $1.25 $17.00 $1.00 Total $2, $63, $52, $40, $34, $28, $13, Page 4 of 5

5 DUCK LAKE SALVAGE #3 Bell Lumber and Pole Company Harvesting, Balsam Fir Pulpwood Cords 3.00 $1.00 $1.00 $1.00 $2.14 Jack Pine Pulpwood Cords $1.00 $2.00 $1.00 $2.95 Mixed Hardwood Pulpwood Cords $1.00 $5.00 $1.00 $1.76 Red Oak Pulpwood Cords 2.00 $1.00 $5.00 $1.00 $2.10 Red Pine Pulpwood Cords 1, $1.00 $5.25 $5.01 $4.25 White Pine Pulpwood Cords $1.00 $1.00 $1.00 $2.14 Total $2, $11, $10, $10, Page 5 of 5

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