Influx of People Advocating to Sell Minerals

First, I want to apologize in advance. What I am about to say could be 100% wrong, but interesting none the less. I have been a member of this blog for several years. I have never seen an influx of new people like I have in the past few weeks. Maybe the settings have changed and we are now just getting new member notices. I don't remember, but there now seems to be more and more new posts and comment about how it is OK and probably "smart" to sell your mineral rights rather than lease. This is especially interesting considering how many letters I am now getting from people/companies wanting to buy my mineral right. I just thought it was curious. I feel it is never OK to sell your rights unless you are in dire need of money! More importantly, when someone tries to buy just "part" of your rights, upon signing an agreement to "just sell us half", you are immediately vulnerable to a partition suit (at least in WV). Unless you can out bid the big boy, you will lose. Big Time!

Comments?

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Permalink Reply by Ron D. Jockefeller on April 2, 2015 at 9:10am

Your are wrong again, Jim.  

If anyone who manages money professionally (as I do) adopted your ridiculous notions, he would be sued for incompetence.

Buy low, sell high.  Your alternative strategy is:  NEVER SELL

That's the height of arrogance and incompetence.

Permalink Reply by Jim White on April 2, 2015 at 11:59am

Golly Gee Daisy Mae! NOW I understand! Just like I hope people understand that when I use the word "sage", I am not referring to "wise" advice, but to the spice we use every Thanksgiving to "stuff" a turkey and ALL that that implies! By the way Ron, you wouldn't be related to the Jockeffer's over in Meadville would you? Fine, fine people.......

Permalink Reply by Ron D. Jockefeller on April 2, 2015 at 9:04pm

Never sell is as stupid as always sell.

Buy low, sell high.  Or if you can short a security, get a locate, sell short high, buy to cover low.

NEVER SELL is not financial advice.  It's some weird belief system that has nothing to do with maximizing an investor's risk-adjusted return.

Permalink Reply by Jonathan H on April 2, 2015 at 12:00pm

I agree - never selling is not a financial plan. Selling NOW may be a bad idea, but as with any asset you should have a thought out plan of what it is worth to you and the circumstances under which you would hold or sell.

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