# Black Gold Group LTD

**URL:** https://www.mineralrightsforum.com/t/black-gold-group-ltd/3687
**Category:** Wetzel County, WV
**Created:** [December 26, 2016, 4:59pm UTC](https://www.mineralrightsforum.com/t/black-gold-group-ltd/3687 "2016-12-26T16:59:08Z")
**Posts on this page:** 12
**Page:** 1

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### Author: ![Fred\_Jones](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/f/f6c823/32.png) [@Fred\_Jones](https://www.mineralrightsforum.com/u/Fred_Jones)
#### Post date: [December 26, 2016, 4:59pm UTC](https://www.mineralrightsforum.com/t/black-gold-group-ltd/3687/1 "2016-12-26T16:59:08Z")

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Has anyone had any direct correspondence or dealings with a Black Gold Group, LTD out of Strasburg, Ohio? Specifically a Zach Kilgus is pressing hard for a sale of rights in Wetzel County, West Virginia? We own approximately 35 acres in the Grant District and wondering if it’s worth holding on when offers are coming in around 3,500 ac?

Thanks.

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### Author: ![Mary\_Smith](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/bb73d2/32.png) [@Mary\_Smith](https://www.mineralrightsforum.com/u/Mary_Smith)
#### Post date: [December 26, 2016, 5:51pm UTC](https://www.mineralrightsforum.com/t/black-gold-group-ltd/3687/2 "2016-12-26T17:51:25Z")

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Did he reach out to you directly or did you respond to their letter? We’ve received a few letters from them but have thrown them away because they were very generic.

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### Author: ![Fred\_Jones](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/f/f6c823/32.png) [@Fred\_Jones](https://www.mineralrightsforum.com/u/Fred_Jones)
#### Post date: [December 26, 2016, 8:24pm UTC](https://www.mineralrightsforum.com/t/black-gold-group-ltd/3687/3 "2016-12-26T20:24:34Z")

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Hi Mary–Yes, I responded and have been going back and forth. He is a landman for them and appears very willing to negotiate, but not sure how reputable.

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### Author: ![Mary\_Smith](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/bb73d2/32.png) [@Mary\_Smith](https://www.mineralrightsforum.com/u/Mary_Smith)
#### Post date: [December 27, 2016, 3:21am UTC](https://www.mineralrightsforum.com/t/black-gold-group-ltd/3687/4 "2016-12-27T03:21:44Z")

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Interested to hear what others have to say about their experience with them.

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### Author: ![Neverybilly](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/n/3ab097/32.png) [@Neverybilly](https://www.mineralrightsforum.com/u/Neverybilly)
#### Post date: [December 29, 2016, 5:09pm UTC](https://www.mineralrightsforum.com/t/black-gold-group-ltd/3687/5 "2016-12-29T17:09:14Z")

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Fred, you need to check your inbox.

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### Author: ![Mary\_Smith](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/bb73d2/32.png) [@Mary\_Smith](https://www.mineralrightsforum.com/u/Mary_Smith)
#### Post date: [January 4, 2017, 3:19pm UTC](https://www.mineralrightsforum.com/t/black-gold-group-ltd/3687/6 "2017-01-04T15:19:03Z")

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Do you have any insight to

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### Author: ![WV\_Mineral\_Owner](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/w/f08c70/32.png) [@WV\_Mineral\_Owner](https://www.mineralrightsforum.com/u/WV_Mineral_Owner)
#### Post date: [January 5, 2017, 5:57am UTC](https://www.mineralrightsforum.com/t/black-gold-group-ltd/3687/7 "2017-01-05T05:57:27Z")

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Mary,

Just my personal opinion, but I would recommend holding onto your Wetzel acreage, 3,500.00 is low in my view. Many of the generic letters are from companies that simply flip the properties, your 3,500.00 / NMA will be offered for 5 - 6 K within days of closing.

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### Author: ![Mary\_Smith](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/bb73d2/32.png) [@Mary\_Smith](https://www.mineralrightsforum.com/u/Mary_Smith)
#### Post date: [January 7, 2017, 6:39pm UTC](https://www.mineralrightsforum.com/t/black-gold-group-ltd/3687/8 "2017-01-07T18:39:20Z")

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Yes, I agree. We turned down $4,600/acre, knowing our land was recently permitted.

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### Author: ![Fred\_Jones](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/f/f6c823/32.png) [@Fred\_Jones](https://www.mineralrightsforum.com/u/Fred_Jones)
#### Post date: [January 13, 2017, 3:57pm UTC](https://www.mineralrightsforum.com/t/black-gold-group-ltd/3687/9 "2017-01-13T15:57:17Z")

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Neverybilly,

Were you trying to reach out?

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### Author: ![Fred\_Jones](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/f/f6c823/32.png) [@Fred\_Jones](https://www.mineralrightsforum.com/u/Fred_Jones)
#### Post date: [January 13, 2017, 3:58pm UTC](https://www.mineralrightsforum.com/t/black-gold-group-ltd/3687/10 "2017-01-13T15:58:40Z")

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Hi Mary,

Thanks for the information. If the land is currently not leased or permitted does that mean the value is less theoretically?

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### Author: ![Mary\_Smith](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/bb73d2/32.png) [@Mary\_Smith](https://www.mineralrightsforum.com/u/Mary_Smith)
#### Post date: [January 13, 2017, 4:01pm UTC](https://www.mineralrightsforum.com/t/black-gold-group-ltd/3687/11 "2017-01-13T16:01:41Z")

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That I don’t know. I’d assume it just means

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 10:42pm UTC](https://www.mineralrightsforum.com/t/black-gold-group-ltd/3687/12 "2018-08-14T22:42:22Z")

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