Replies to post #7158 on American International Holdings Corp (AMIH)

[CashCowMoo]

I dont know where they are on royalty interests. In oilfield you have working interest (WI), net revenue interest (NRI), and sometimes overriding royalty interests (ORRI). Most of the leases I have acquired over the years I was able to get 87.5% NRI with the rest going to the landowner. Some situations I had to give up 3/16ths so my NRI was in the 82% range. Other places like down in Oklahoma I have seen NRI to the company be at 75%. It just depends on the area.


If you are interested in buying minerals there is a mineral auction site called "Mid Continent Energy Exchange" out of Kansas. I have bought some mineral acres on there before in Colorado. Cycle could auction some of theirs, or they could acquire some minerals too if they wanted.