Potash Lease

[parsley]

A potash company offered me money to buy my mineral rights several years ago.
I ignored them.

The potash company then offered to lease my mineral rights.
I ignored them
The potash company then offered to both buy some of my mineral rights plus lease some of the mineral rights
I ignored them.

The potash company then asked me what I wanted.

I said I want to keep the rights to other minerals, for example oil, but perhaps would be willing to renegotiate leasing. perhaps.
We agreed they will wait for me to call them. Parsley

[foragefarmer]

Canadian farmers spent way to much time judging and criticizing each other. Just look how many on here want supply management removed.

When a thread was started about some sort of drought assistance the battles were endless.

When threads are started about basis levels being unreasonable or why the U.S.A dollar isn't used in pricing, many on here will say the grain company is your partner and to work with them.

As far as I'm concerned everyone in industry and in politics has Canadian grain farmers at the bottom rung of the ladder. That's where they want us, and that's where we're going to stay.

Agriville is the prefect example.

Good on the French farmer.

[Braveheart]

You make your own future Forage. If you say you're on the bottom rung of the ladder, you're on the bottom rung of the ladder.

[foragefarmer]

Braveheart

My reference was that Canadian farmers as to working together is very dismal, which puts them on the bottom of the rung. I wasn't judging other farmers individually as being on the bottom of the rung.

I know very well there are 10000's of successful Canadian grain farmers.

As for my future, I realize that's my responsibility, and can handle it. Always have always will.

Braveheart, do you honesty feel farmers couldn't get more accomplished as a whole for agriculture working together, and I'm not talking government intervention?

[Braveheart]

Forage, when you say, "Canadian farmers are at the bottom rung of the ladder. That's where they want us, and that's where we're going to stay" is an impoverished statement. It creates an impoverished and dismal future.

I do wish farmers could work with one voice. The reality of the gulf between left and right Agri politics in western Canada make one voice near impossible. There's more chance of nuts and gum going well together.

[oneoff]

We are all really so ill informed about that which we really do know absolutely next to nothing.

Its quite probable that the "landman" said he represented a "potash" company or whomever. If you pressed what company name would be...quite probably that person would say they weren't at liberty to say.

Thats when a person says they can only do business with someone that has a name and track record.

This is a game of speculation; options and making deals with those who are naive and uninformed about business they only encounter infrequently....if at all...in a lifetime.

[Jay-mo]

The "idiot" side of me looks at those pictures and loves it!!
The rational side of me looks at those pictures and thinks those farmers are idiots!
I'm guessing they're not idiots but I don't know how much public sympathy they will achieve with these tactics.

[foragefarmer]

Braveheart

"I do wish farmers could work with one voice. The reality of the gulf between left and right Agri politics in western Canada make one voice near impossible. There's more chance of nuts and gum going well together."

You just back up my orginal post, just in different terms. As for the future, that's an individual farmers job I never stated other wise.

[parsley]

The potash company itself sent me a formal offer and a formal agreement form to sign.

We do have a lawyer in the immediate family, who I am quite sure I can convince to check the agreement if I should take the notion to proceed, on some fine Monday morning.
But thanks for your kind concern, oneoff. Parsley

[mrossm3]

I own MR's on a 160 acres about 2 KM's (stoney beach) from the operating Mosaic Solution mine in Belle Plaine. I know they are expanding north. I have had a land-man chasing me for quite some time @ $100 per acre to SELL the rights. I have been digging about for a couple of years trying to get an answer on the worth of those M rights but to no avail. If you or someone else on this forum has an idea I would sure like to have a discussion and gain some insight.

[sumdumguy]

is that $100/acre/year?

[oneoff]

If you are asked to SELL the rights; that 100.00 per acre is likely to appear in one and only one cheque.

After all it isn't reasonable to still be receiving $100.00 per acre per year until eternity. There would come a time after the resource is mined and gone...that some bean counter would catch on that payments had to cease.