BBS:      TELESC.NET.BR
Assunto:  Re: US finds hute lithium
De:       Rob Mccart
Data:     Fri, 15 May 2026 09:08:43 -0500
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RM>> Yes, can't trust the gov't if there's money to be made or important
  >> resources. I'm pretty sure here you don't get the mineral rights
  >> when you buy land and, if the gov't decides they want it, they
  >> pay you supposedly market value for your land but you can't refuse
  >> to sell it to them..

MP>Here in the USA, I am not 100% on how mineral rights work, but I do know
  >that someone can own them that doesn't own the land on top of them.  I
  >found that out when I was younger and my father and grandmother were
  >talking about selling the mineral rights underneath of some land they
  >planned to keep.


Coincidentally I was just reading a book and they were talking about
that in Wyoming where people owning farms would sell their mineral
rights, which are often picked up by huge developement companies even
when there's no reason to want them yet. It's more in case something
is found later that can be exploited. In this case there were natural
gas deposis in played out coal areas, gas that used to be almost
worthless but later became very valuable,

Normally those rights are slod for 20 or 50 or so years and they
later revert back to whoever currently owns the land, but that
means you might buy land ad find those rights may be already under
someone else's optional control, sold by the previous owners.

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 * SLMR Rob  * Don't scald your tongue in another man's soup
 * Origin: Capitol City Online (1:2320/107)

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