Keweenaw Land Association (OTCPK:KEWL) is an underfollowed and illiquid timberland company that is trading at a significant discount to the value of its timberland. The company has historically not been very shareholder friendly but this changed with the election of the new board in 2018. Last April, Activist hedge fund Cornwall Capital gained complete control of the company through a proxy fight in which the fund successfully gained the three additional board seats needed for control. This event triggered the flight of most of the former management team and a few board members,