Friday, October 22, 2021

Mineral Rights

 Another big reason to travel this way was to visit the Site where Mike has mineral rights.

When his Mother passed away (2009) she left him a small share of minerals rights in western North Dakota. They aren't worth much and royalties are more just a pain in the ass at tax time then anything else.

When a company that deals with buying and selling minerals rights called Mike interested in buying his shares he decided that maybe it was time to let them go. The offer came at just the right time too. He was in the process of getting his brother Jack, who died in March, shares transferred to him and his sister and brother. He contacted the lawyer who helped him in 2009 and he was willing to handle it all for us.

I told Mike we had to visit the site before the deal goes thru. I was very curious what it looked like. Mike being Mike investigated thru the parcel number just where the site was. Or close enough that we thought we could find it. 

It was about 150 miles out of the way of our journey home, but I told Mike we had to find it. He wasn't totally on board, but he went along with me.

WE FOUND IT!!!!

Entrance


It was pumping

All Mine or 5% anyway

It was awesome to see. Turns out sky in ND is just as blue as SD.

Pulling out of there after taking some pictures to share with his sister, Mike admitted to me he's glad I talked him into going. I just knew he would want to see it.

It was very cool.


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