Hi, has anyone been approached with offers to buy your mineral rights?  We just had a very lucritive offer from a company ..... $5,000 per acre.    Just wondered if any other have had such offers. 

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That's me.

And when someone needs a roof on the house at 80 you advise him to sell his mineral rights and I advise him to hold onto them.

I am a credible man of some accomplishments mostly through hard work that few were willing to perform. I got lucky with mineral rights but I am also smart enough to not have made a mistake with them.

My advice is not to profit myself nor soothe myself telling folks to do something I was talked into doing by a man who profited.

In 99.9% of cases selling is a mistake. You know it and I know it, we all know it. 

You are giving your money away, period.

And every time some fake name internet poster comes on here advising people to make a big mistake I will be right here to offer the more sound advice.

Mineral rights are not stocks, they are income which produces for 20 years. It is beyond foolish to give that income away, period, check and mate.

You buy stocks low and sell high, reinvesting your dividends as you go. That is an entirely different scenario than an asset that produces income over a 20 year period.

You guys may come on this site posting under an alias and deride me and try to cast doubt about me, like the guy above who called me out for not owning any mineral rights.

My 30 acres will produce a tremendous payout over its lifetime. If I die tomorrow my kids will get that payout regardless of whether or not they need it.

And I would NEVER ask my kids if they would mind if I sold their inheritance, what would you expect them to say ?

I feel foolish even addressing make believe people using fake names trying to advocate on a serious issue. My comments are not for them anyhow. They are to help as many people as possible to make sound decisions they will not come to regret sooner or later.

The amount of misinformation I have read on this site is staggering.

and congrats on the newly permitted/drilled wells across your 21 acre parcel..Eclipse has seemingly drastically improved their results in the liquids portion of the play.   Maybe you should cash in and sell.  hehheehehehehehhehehe

funny...going back through your posts you seem to approach everyone that disagrees in the same manner, personal attacks, no research, and just drama....well at least you are consistent.  Congratulations for winning the most consistently wrong award.   Um, by the way, maybe try avoidning personal attacks, you might come across as actually knowing something instead of being so defensive.  You know what they say about he who protests the loudest...

hello mitchell ,how much property do you have and in what township and county ,i know some buyers that may be able to contact you

The debate here is not between myself and the mineral buyer who seems to avoid my most pertinent questions and points while questioning my integrity because he couldn't find it looking where he knew it wasn't.

It is also not for those who have already sold their mineral rights.

My comments are merely to give pause to those who ware considering selling. You can take the word of folks who use a fake name over their comments who are trying to defend their actions by whatever logic they were plied with by their buyer and you can take the word of those who stand to profit by your selling of your mineral rights.

I never thought I could prevent people from making financial mistakes. If I could have I would not have had to loan money to people unable to manage theirs, their wouldn't be pawn shops, check cashing stores loaning money or vehicle title loans.

I asked and will ask again, do the buyers tell you what they value of the lease you are selling is so you know what portion you are giving away or if you are a buyer did you think to ask for that information ?

All this babble about "managing assets" and "diversification" is silliness. Your mineral rights are not stocks, not bonds, not annuities nor valuable metals like gold.

They are a bonus from your asset, your land. If you get $10,000 an acre up front you are giving away many more times that over the life of the lease. Their is no logical financial reasoning for that. I have a financial investor, he has our investments and has assured me that in 99.9% of cases selling is not the right thing to do.

There is simply no way around the fact that selling your minerals is a loss to the seller 100% of the time. Period.

This is a forum for trading ideas & information. If someone doesn't agree with you there's no room here for saying they have zero credibility or to demean the ideas that oppose yours. Personal insults like saying someone has zero credibility can & should get you thrown off this site. 

Dave,

I appreciate any input you have but consider this ........... we may not have many more years to enjoy life and some money now from selling all or a portion of our mineral rights would make the remaining years a lot more worry free and let us enjoy being able to afford a few things rather than always scrimping to cover our expenses. 

 It would appear, from everyone and everthing I've researched that it is very unlikely to have a well on our property or be included in a plat within the next 4 to 5 years.    Our age and physical condition, at that time, would be such that we might not be able to enjoy what we could now.    Wife has already been diagnosed with blood cancer and her health has diminished a lot. 

We have 100 acres and are exploring selling a portion, not all, of the rights which might be a solution to having some money now and preserving some of the mineral rights for the kids and grandkids.

Discussions with our three children have resulted in "It's your Property ... do what you feel is right .... don't worry about leaving anything to us"  ........... I have 3 great kids and they are all doing well in life. 

BTW ..... I've reached out to the Leasee for a meeting to see what their input might be. 

        No decision will be made without a lot of soul searching and fact finding.   

Mr. Holliday, 

The best of luck going forward, and feel free to bounce anything off us here at this forum. I feel confident that most here have your best interests are at heart.

DAL,

Generalizations are always dangerous....maybe this falls is the 0.1% (as your financial investor advised was plausible). 

Mr.Holliday has, in my OPINION, the very best reasons to liquidate some or all of his assets, and I would do the same following his reasoning and in a similar situation. I would want to enjoy at least a portion of my asset while able.

In the final analysis, Mr. Holliday is looking for input from others on this forum, and your position on selling is CRYSTAL clear. Thank you for your input.

I hope everything posted here has been enlightening for the OP, but also I hope your posts carry no more weight in the decision process than any others in this thread. It would be sad indeed to not use this asset to enhance one's quality of life.....today.

Tomorrow is a hope and a desire......not a certainty nor a promise.

I wonder why the buyer has not received a similar comment from you ? Even though I use my real name and have a long track record of full disclosure with who I am and what our mineral situation is he attempts to strip me of credibility by writing that he cannot find any record of me owning any mineral rights.

Your comment is curious to me, why are my comments "CRYSTAL" clear but others are not ? I am only refuting what a seller is trying to push over as honest advice (which benefits him and his industry).

I am not making generalizations, I am stating well reasoned opinions based on knowledge and experience and then being challenged on it all, but you seem to have some problem with me and not the others.

If I look up "Bullfrex" will I find an address and a phone number ? Looking up your information on this site tells us that you are a male in New York.

Is fracking allowed in New York ? Are you somehow connected to the industry ? 

Is it possible that you are connected to mineral rights purchasing somehow ?

You see Bullfrex, the internet is a wonderful thing, you can be whoever you want whenever you wish. You can be multiple people all at the same time.

And if you wish to drive a certain discussion in a certain direction, you may, obviously. 

Maybe the guy who started the thread knows that, maybe he doesn't. Older folks are less likely to be as knowledgeable about internet heroes and internet fakes.

You need not thank me for my input, it wasn't for your benefit. Watching all the twitching due to the nerves I struck is thanks enough. If it wasn't that my honesty and credibility were persuasive I doubt all the buyers and friends of selling would bother much with me.

DAL,

I am not attacking anyone....sorry if you feel that way. I have not addressed the 'buyer' because he has offered alternative options, methodology and good sense for Mr. Holiday specific to his current situation. Another path to consider, and God forbid...it could be a better option....at the very least, a viable alternative worth exploring.

As I said, your position in every post IS crystal clear.....NEVER SELL. And I hope that position serves you well, but it may not be the best for everyone. So much for everyone else driving the discussion.

My anonymity is my business, but it does not affect my good will for people. if you look a few pages back, you will find a post where I explained that we too were considering selling a portion of our rights. Sorry you missed that.

Now I must go and resume my nerves and twitching. Have a great weekend!! 

I agree about "never selling your mineral rights." but selling a %  may be a good idea because it generates some cash now AND it puts monitoring the wells productions/deductions/royalty/ legal issues on not just the landowner,but on that mineral buyer that will be possibly more lawyered up and more knowledgeable in the case.Landowners on there own sometimes get hoodwinked by the producers sometimes,even when they think they have good legal representation. Some lawyers may actually be getting paid from both parties. NOOOO!

I don't know how selling a portion helps with the "monitoring" part. It would be great if it did but I doubt that a buyer would cooperate in that way.

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