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Re: btm post# 7307

Saturday, 10/25/2014 3:36:30 AM

Saturday, October 25, 2014 3:36:30 AM

Post# of 17377
Float says 173 million that seems way way to low imo. I just don't see this continuing past mid to early 2015 without closing something somewhere. 75k month, 600k prep close san luis... in event san luis doesn't come roost there goes 600k plus all other cap invested san luis. We're close to bottom floor here but look at it that way you really gain appreciation how big risk/reward relationship is in san luis... imo were all in on poker table with san luis aasit just doesn't seem any license deals are even close to closing on.

License sure got lou, some places site projected/owned... still need organize contractors, survey land, get govt approvals/clearances etc. That's at best 18 months out.
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