As to how close to put a stand, I would put it within what you are comfortable with for a bow shot, say 30 - 40 yards. If you are going to be gun hunting this buck, you could go further. The farther away you are the less likely you will get busted when he comes into the lick. It looks like it is pretty thick cover though, so 30 - 40 yrds should be good for either bow or gun.