What's also nice about buying this new pit is that after depletion, they can work with Cherokee to correct any Environmental issues, and then develop the property as they used to do in the past. With the amount of property we are selling in that area of Mississippi right now, PBLS would have no problem turning condos, SFR homes, doing a golf course community etc. Case in point, we just did a presentation in Boston for some of our Gulf Coast property 2 weekends ago and sold 42 units (Sorry I didn't call Gnulnx but I was in Friday afternoon and gone Saturday evening). That brings us to 270+ units for the year with 7 months of selling to go. Also, Most demanded property we sold in Boston...a condo conversion called Oak Glen Marina that is a carbon copy of the condo/marina PBLS already owns. We sold every unit there we have available at this time.
Oh yeah, Go PBLS and sorry I haven't been around much!! Got back from my India trip and started a new business to help my brother get on his feet. Among other things its been busy to say the least. If anyone knows how to post pictures on iHub I'd love to show some pics from my trip as I promised.
Ren
"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
www.younglife.org
