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Re: microcaps1 post# 88877

Sunday, 08/31/2014 10:52:01 PM

Sunday, August 31, 2014 10:52:01 PM

Post# of 91121
it was also a time payment for a long period of time for the surface rights.
.......ah, isn't that also called a royalty?

Or is that another way of saying over the rail or was it under the rail? Could never remember.

If they own the concession for 50 years as you said in your previous post, why pay anything at all?