RE:RE:How much do they need to raise Not going to happen. Rowland might stay with the project with the new owners as his background is second to none. Besides, if it ends up as a Stone Canyon property, he's worked for Demetree before, so I' m sure if there were no hard feelings on the exit, he's in for as much as he wants to be.
Vulcan is the key to the treasure chest here. Patrick is laying out a grand plan, and SALT is just another property in that "fund". Triple Point, Sassy's Gold Deal, Nickel at Red Cross and more up North, with all deals peppered with a royalty.
Patrick was early on the riches of the island, positioned himself well, and is using VUL as the centerpiece to make him, his family, and all those who want to ride this train, rich !!!
I see what you're saying but Patrick needed Rowly to complete and authenticate the asset in GA. I couldn't see Patrick pushing as much as we've seen Fischell's Brook w/o him either. I'm not demeaning Pat but I believe he knew what Rowly brought to the table. Vulcan was a 1st stage, (in my opinion fwiw), entry for Pat to the market. Vulcan is supported by Atlas from what I see and the trading in Vulcan is thinner than Atlas to date and it's been that way for some time. That being said, between both Pat and Rowly we got one heckuva investment.
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