Mineral rites prices

[stonybeacher]

I have been offered $350 per acre through a landman recently to sell my potash mineral rights in the area north of Belle Plaine.
Does anyone have any idea of what the going rate is?

[MineralRights.ca]

Stoneybeacher,

Please contact me if you still have
questions. All my contact information can
be found on www.mineralrights.ca

Thank you.

[mrossm3]

We also have mineral rights (160 Acres) in the same area just north of Belle Plain (about 2.5 miles north of the present mine area) and have been approached by a landman.

In actual fact my great uncle held the land but passed in 2002 willing all to my father and uncle. We are investigating getting the will resealed in Sask. The property was sold prior to his death(not the mineral rights)and we do not hold surface rights. I have been diggin about trying to figure out what the leasing and royalties would ammount to annually. One site I went to mentioned unitization and I think I get what that means but I have not been able to find out what expected revenue might be.

Any help would be appreciated.

[mrossm3]

We also have mineral rights (160 Acres) in the same area just north of Belle Plain (about 2.5 miles north of the present mine area) and have been approached by a landman.

In actual fact my great uncle held the land but passed in 2002 willing all to my father and uncle. We are investigating getting the will resealed in Sask. The property was sold prior to his death(not the mineral rights)and we do not hold surface rights. I have been diggin about trying to figure out what the leasing and royalties would ammount to annually. One site I went to mentioned unitization and I think I get what that means but I have not been able to find out what expected revenue might be.

Any help would be appreciated.

[mrossm3]

Hey StoneyBeacher.....did you ever get to a final disposition on the MR pricing......I am in the same situation in the same are but the offer is less than 1/3rd of yours......my spider senses are tingling

[stonybeacher]

Mross
I was offered that some time ago.
My issue was that I did not want to sell them all of the mineral rights but just the potash rights.
I suggested to them various options including me leasing them the rights, etc.
They at first said no out of hand. Then they came back to discuss options but the matter has been dormant for a while.
They did call me a while ago wanting to still buy it at the price discussed but I still want to retain the rights to other minerals such as oil and gas, uranium, and whatever.
No deal so far.
How is it going with you?

[mrossm3]

Hi StoneyBeach.....thanks for getting back to me. The issue is still dormant for me and the price has not changed albeit the Landman is getting more aggressive. The MRs are a result of a Estate inheritance on our Stoney Beach Homestead which only came up earlier this year. The original will was probated in BC and has to be reopened and sealed in SK so we are in the process of doing that through lawyers....once it is complete then we can get down to the nuts and bolts negotiations.

Let me know where I can contact you off this message board and we can keep each other up to date without airing it out on this forum. It would be interesting to know a little share a little more on this topic and history ... safety in numbers!


You can get me at MROSSM3@gmail.com
Cheerz!