Replies to post #21023 on ProGreen US Inc. (fka PGUS)

[MoneyForNuthin]

HeHeHe... sounds pretty childish.

This is not for your benefit, but for others who have a clue about what it means when a government body, backed by the politicians in the upper echelon, get behind motivations to monetize an enormous national asset like the Baja Peninsula.

Here's just one more example of a project - a $4B-$5B project that was SERIOUSLY backed by U.S. companies - and investors. Sure... just another idea, right. I doubt this one will re-surface, but it's a prime example of just how valuable this piece of real estate is - Baja California. It's only because of how valuable it is that it's future role has been delayed over many years. But the fact is that there is very little land left for first world countries to... exploit - in the most positive sense, of course. This land is precious in many ways to many parties - the surfers, the environmentalists re the turtles, the whales, the boojum "trees", the valley of the giants, the valley of the candles.

But the project that I'm writing about is the major port that was going to compete with the Port of Los Angeles shipping port and the Port of Long Beach, a $4B - $5B project that was backed by Carlos Slim, many U.S. investors and U.S. companies. In fact, U.S. corporations had actually invested 100's of millions of dollars for infrastructure development to prepare for the potential of the Port at Punta Colonet, which is not far from the location of the land that PGEI controls.

This project, like the Escalera Nautica project, fizzled out after the U.S. economy took a nose dive and affected the global economy with the housing crisis in 2008/2009. But it was VERY serious until then.

This is just one of many articles on the project:
http://www.latimes.com/travel/la-trw-mexport25mar25-story.html

All this says is that this land in Baja California has much potential, very certain high value, and WILL be developed. The only question has been "who will monetize small pieces of it for 100's of millions of dollars?" Jan Telander, ProGreen (PGEI) has been there before! He did this in Spain when he built/sold 500 properties - without anything near the massive attention to the limited resource that Baja California has become.

Investors in PGEI have a piece of it, at the ground level, before the land is developed, before commercial properties are developed, before Baja becomes the 21st century's example of "the new Acapulco" or "the new Cancun" or "the new Hong Kong." It won't happen overnight, but then I think Jan said something like "Rome was not built in a day" (I think he may have been quoting someone else).