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#31 - The Wild Wild West of Mineral Real Estate
My First Million
Private Minerals - A Great Source of Wealth Creation in the United States
The united states is actually the only country on the planet with private mineral ship. In almost every other country in the world that has oil, the government owns the rights to that oil and gets paid for the revenues. So there might be hundreds of people that own a small piece of the mineral estate in a particular tract. What we do is basically track those people down, make them lump some offers or the the rights to their property in hopes that there might be future drilling in that area.
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