Especially if the water has a concentration of Lithium or Bromine… There is a com pang named Ablemarle in South Arkansas who drills horizontal Smackover Brine Supply Wells as a Bromine source to be separated out & utilized to make fire-retardants. These wells also produce a small amount of oil as a byproduct, though the state will not allow them to sell it. They have to pay the mineral owners for the oil, which they then utilize as fuel for the plant's boilers… The are working on a process to also separate out the Lithium from the brine. In the event that battery powered cars are in fact the future, then the world will be scrambling to find lithium. Oil & gas Operators with Smackover wells (or wells that due to faulting or other geological anomalies can produce water that has been in close contact with the Louann Salt) will still have valuable assets.
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I have not sold my shares to answer a previous question.
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Anyone know what the going rate is for SIOR shares? Or what are you guys willing to pay & how many would you want? I've got two 1MM Share blocks that I'll part with if the price is right.
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