Replies to post #99519 on MMEX Resources Corp (MMEX)

[Powdercoater]

This is all just a well thought out plan coming together. MMEX STRONG

[jmjjw]

UTLands access easement agreements require roads to be fenced.

Con-men are happy to spend a few bucks of other people's money to make bigger bucks on the con itself.

MMEX is only building shareholder losses.

My point is that if the road were only a prop there would have been no need for a fence. He could have just pocketed that money.

MMEX is building a refinery!

$$$$MMEX$$$$

swim

[shajandr]

As I understand it, part of the 'road' is on an easement obtained from other property owners. It is quite common when an easement is granted that the landowners require certain fixtures - like fences - to keep the easement (in this case a road) from being a hazard to their livestock or wildlife. Also a fence reduces the potential liability of the landowners from third party lawsuits such as a driver suing them for tumbleweeds that caused an accident and the lawsuit claims the property owner had a duty to protect drivers from tumbleweeds from their property.

It can often be a zoning requirement as well by government.

So building the fence is almost certainly just a legal requirement that JACK HANKS had to agree provide to the landowners in order to get the easement to bulldoze the 'road' or to comply with land use legal requirements.