Replies to This Discussion

Permalink Reply by Elsie Fox on December 24, 2011 at 10:12pm

Ain't that the truth!

 

I know when I first read the lease, I found the whole dang thing ambiguous.  Two lawyers later, I decided to sign.  At some point in time, one has to trust somebody, I guess. 

Permalink Reply by 0i7okn54zwbdo on December 27, 2011 at 9:28am

You're right, Elsie, at some point you do have to put your trust in someone else. I wish you the best in this venture and I hope you can get the payday that you were hoping for.

Permalink Reply by Bill anders on December 27, 2011 at 10:30am

a lot of coal issues in Belmont, and the likelihood that there are large area's where property owners do not own their minerals is high.

Permalink Reply by 0i7okn54zwbdo on December 27, 2011 at 10:16pm

Tens of thousands of acres have reservations in Belmont. I know of a company that had a 4,000 acre deal ready but backed out when they saw the title mess that was ahead of them. Landowners who don't have mineral rights need to investigate, call an attorney and see if they can get those rights back. For nearly $6,000/acre it's worth a little headache, don't you think?

Permalink Reply by Elsie Fox on January 6, 2012 at 10:37pm

(((((( deep sigh of relief )))))))   Got my check for the first half today (check dated December 30).  I'm guessing the second one might come later this month.  The check was dated four weeks before the end of 90 business days since signing.       

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