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To: Deepeasttx
That is, if he owns the mineral rights.

Minted coins don't fall under that - lol

I was shocked the first time I bought property in Texas. Pages and pages and pages of reserved mineral rights in the deed. Then it dawned on me - "OIL", none of the owners wanted to lose out if oil was struck in the future.

57 posted on 06/13/2021 6:00:59 PM PDT by BiglyCommentary
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To: BiglyCommentary
"I was shocked the first time I bought property in Texas. Pages and pages and pages of reserved mineral rights in the deed. Then it dawned on me - "OIL", none of the owners wanted to lose out if oil was struck in the future. "

Yup. I had a 1.5 acre lot in Texas and I had the mineral rights. Texaco wanted to buy my oil rights for $35.00 a year. That's when I discovered that oil companies need 80% of the land owners approval to suck the oil from an underground 'identified' pool of oil.

Ironically, at the time, I lived about one mile from the Texaco world headquarters.

62 posted on 06/13/2021 6:11:38 PM PDT by blam
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To: BiglyCommentary

Didn’t know minted coins don’t fall in that category. I did buy property here some yrs back and never looked into what was reserved for the mineral rights owner.

But is this the same for all states? I didn’t catch where the guy found them coins.


77 posted on 06/14/2021 7:45:33 AM PDT by Deepeasttx ( Sensitivity/diversity training sessions are just reeducation camps without walls....for now.)
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