Possible collection specimen?

I was tromping through the woods along the lake by my house (I have permission to collect there) and I came across what looks like a cedar? It has been chopped by a human or beavers and is about 18" tall and 3" caliper in the trunk. I was wondering if it would be a good specimen to collect seeing how it has already been trunk chopped. It has three shoots growing out of it on one side only and they range from 3' to about 1' with foliage all over them. What type of tree is this and would it make a good specimen for bonsai?







Thanks!
Kurt

It looks like common juniper, Juniperus communis. It is not the greatest bonsai subject, and does not live long in bonsai captivity. However, it is worth experimenting with. Google on the name & you will find plenty of information.
Iris

Iris is correct, unfortunately if you try to dig that tree, or bonsai it the chances are VERY high you will kill it. when I run into a J. communis I leave it alone, and enjoy it where it is. Its unethical (in my opinion) to dig a tree knowing it will probably die after a few years.

-Jay