BACULUM.TXT

THESIS 06 ─ THE THIRD PRODUCT

Every extractive industry has a third product. Petroleum had naphtha before it had gasoline. Meatpacking had gelatin. The wild-fur trade has had the baculum for as long as it has existed, and has thrown it away.

Baculum Capital Management believes the baculum is the most undervalued natural material in North America. Through The Idaho Castor Company, we have proven it.