Replies to post #59311 on Fortress Financial Group fka FFGO

[pontalba]

Actually, ray all BLM and Crown Land claims are leased, and the underlying land isn't owned. However, the $40,000 price tag indicates that the owner private, since these are patent claims) doesn't think they are worth jack squat.

[wannabanana]

Agreed. Parties that hold the deed will be second in line to reap the rewards, the highest percentage of reward goes the mining company. Someone who leases, only shares what is agreed upon within such a lease, which would be minute in comparison to the owners/miners. How much would you give up to someone that leases your property knowing it is a POTENTIAL gold opportunity? THe people that actually do the mining effort have the most to gain, then the property owner(s), and lastly the leasee.

[greyghost]

be sure to all the other posters what 330,000 ounces of gold is worth..please don't insult me...what is the potential of 330,000 ounces of gold at $850 an ounce...paying thousands or hundreds of thousands to millions of dollars is all about potential...the more potential the more the lease, the larger the company the more they can afford in lease potential