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Re: BLACK G0LD post# 28901

Tuesday, 10/16/2012 7:43:08 AM

Tuesday, October 16, 2012 7:43:08 AM

Post# of 42999
Have to agree with you there BG. As you well know, the practice and procedures of government authorities are based upon/handed down from bills or acts from the legislature and supported or tested pursuant to case law.

I couldn't find anywhere in the MR Act of 1995 where it speaks of rental monies received as to not being related to some sort of contract.

In fact the entire Act speaks of the intent to contract w/ explorers to facilitate discoveries because of prior concerns by explorers over title of their prospective or discovered resources on Queen land. It's kinda like the Magna Carta where the lords got tired of fighting wars w/o title.

I'm willing to bet that in the less than 20 years since the Act was mandated the issue of contract consideration for acceptance of a rental fee has never been litigated. Therefore, in my opinion, MRT's interpretation of the Act is ripe for piercing.

Good work.
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