Post by
shneps on Aug 17, 2024 4:38pm
Buying/Selling Water Rights
According to Jeff on April 27th 2021 he mentioned that he purchsed 204AF of water rights for $2.6M.
That equates to $12,745 per AF and yet he recently sold a portion of those water rights to Golden Hills for 22% less then what he apparently paid ($10,000).
And then there is the 115AF of water rights Ronnie Strasser is supposed to be paid $3.3M inclusive of the $1.05M non refundable deposit he has already received.
That equates to over $29,000 per AF.
The question definitely stands to be asked, Why are Greenbriar shareholders paying 3X as much for water rights then water rights Jeff just sold to a different entity for 65% less.
Comment by
tylerreddick on Aug 17, 2024 5:43pm
Far too many questions that haven't been answered. Pretty hard to invest with those kinds of unknowns hanging over the stock's head.
Comment by
tylerreddick on Aug 17, 2024 5:42pm
Do you really think Jeff would answer that question?