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Posted On: 03/21/2017 12:59:37 AM
Post# of 597
Re: MoneyForNuthin #202
You are right about PGUS price per acre..I had 500 stuck in my head for some reason. So 16x the PGUS price.
ProGreen paid $500K / 5000 acres = $100/acre.
Sorry, not for sale...lol.
My single biggest concern about the resort property is security. Literally in the middle of nowhere, it will stick out like a sore thumb to any organization that will try to force Jan to pay protection money.
I'd like to hear Mr. Espinoza's take on security concerns in that area.
ProGreen paid $500K / 5000 acres = $100/acre.
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Yes, the price of that "comp" land is $1584/acre, but not 3x what ProGreen paid... It's nearly 16x what ProGreen paid.
Sorry, not for sale...lol.
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That's like me buying 10M shares of stock from you
My single biggest concern about the resort property is security. Literally in the middle of nowhere, it will stick out like a sore thumb to any organization that will try to force Jan to pay protection money.
I'd like to hear Mr. Espinoza's take on security concerns in that area.
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