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Would you buy this land?
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<blockquote data-quote="Hasbeen" data-source="post: 242567" data-attributes="member: 3220"><p>Big problem here in the mountains of Ky and WV. Every so often you see a news story about some little ol' grandma standing in front of a bulldozer with her shotgun trying to protect her home from some company that bought the mineral rights to her land 60-70 years ago from a long dead relative.</p><p></p><p>I'm very fortunate that the people who owned my land had the same philosophy that I have. If a company wants to mine it, we can work out a deal. But it has to be now. I will not sell the mineral rights for the future. I must control the time and the location. I recently signed a lease for oil/gas exploration. The company has two years to sink a well in a location I approve or the contract is void.</p></blockquote><p></p>
[QUOTE="Hasbeen, post: 242567, member: 3220"] Big problem here in the mountains of Ky and WV. Every so often you see a news story about some little ol' grandma standing in front of a bulldozer with her shotgun trying to protect her home from some company that bought the mineral rights to her land 60-70 years ago from a long dead relative. I'm very fortunate that the people who owned my land had the same philosophy that I have. If a company wants to mine it, we can work out a deal. But it has to be now. I will not sell the mineral rights for the future. I must control the time and the location. I recently signed a lease for oil/gas exploration. The company has two years to sink a well in a location I approve or the contract is void. [/QUOTE]
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