InvestorsHub Logo
Followers 14
Posts 3069
Boards Moderated 0
Alias Born 05/27/2004

Re: Dunphy777 post# 8529

Thursday, 08/01/2013 7:30:09 PM

Thursday, August 01, 2013 7:30:09 PM

Post# of 11564
That is not true, mineral rights can be sold or transferred to cover partnerships or joint ventures or any other contractual commitment, this happens all the time.

All those people are not necessarily on the claim documents issued by the BLM. But the person that initiated the original claim will always be on it unless he abandons and/or yearly fees are not paid and BLM puts in back in their pool .

The claim belongs to the claimants, the mineral rights are his to do what he wants with.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.