I would assume that no one else wanted to put the money into developing it at this stage. How did Barrick Gold and GG get the Dominican Republic property so cheap? It was because the development costs are high.
I would also assume that the seller of the property retained some of the mineral rights and if he can get 340K plus a share of the properties production if it is ever mined, he is that much better off.
Do you think it is impossible to stumble on to a deal? I can show you thousands of them in California and Florida real estate right now.
Assay results are now proving out the Dominion Gulf Study. That they have Niobium is now a no brainer.