# Evaluating Mineral Rights

**URL:** https://www.mineralrightsforum.com/t/evaluating-mineral-rights/3812
**Category:** General Mineral Rights Discussion
**Created:** [December 7, 2016, 9:33pm UTC](https://www.mineralrightsforum.com/t/evaluating-mineral-rights/3812 "2016-12-07T21:33:21Z")
**Posts on this page:** 8
**Page:** 1

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### Author: ![Terri\_Cowen](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/e36b37/32.png) [@Terri\_Cowen](https://www.mineralrightsforum.com/u/Terri_Cowen)
#### Post date: [December 7, 2016, 9:33pm UTC](https://www.mineralrightsforum.com/t/evaluating-mineral-rights/3812/1 "2016-12-07T21:33:21Z")

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I have a client that is buying minerals from his 2 sisters and wants to be sure that he pays a fair price. Some of the rights are producing but most are non-producing. Any ideas that won’t break the bank. Thank you. Terri Cowen

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### Author: ![Texas\_Tea](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/texas_tea/32/3324_2.png) [@Texas\_Tea](https://www.mineralrightsforum.com/u/Texas_Tea)
#### Post date: [December 8, 2016, 5:14pm UTC](https://www.mineralrightsforum.com/t/evaluating-mineral-rights/3812/2 "2016-12-08T17:14:50Z")

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You could always send the legal descriptions to a mineral buyer. Most would be happy to give the owners a free, no-obligations offer to purchase. But I guess your client better be ready for their response, which might be more than he’s willing to pay.

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### Author: ![r\_w\_kennedy](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/3ec8ea/32.png) [@r\_w\_kennedy](https://www.mineralrightsforum.com/u/r_w_kennedy)
#### Post date: [December 8, 2016, 5:59pm UTC](https://www.mineralrightsforum.com/t/evaluating-mineral-rights/3812/3 "2016-12-08T17:59:10Z")

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I think Texas Tea has a fine idea. I wouldn’t worry too much about the mineral buyers overvaluing the acres as they generally don’t.

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### Author: ![Texas\_Tea](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/texas_tea/32/3324_2.png) [@Texas\_Tea](https://www.mineralrightsforum.com/u/Texas_Tea)
#### Post date: [December 8, 2016, 6:37pm UTC](https://www.mineralrightsforum.com/t/evaluating-mineral-rights/3812/4 "2016-12-08T18:37:55Z")

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Thanks, R W. I’m not suggesting they would overvalue the acreage, but a legit company might offer more than someone who is not a professional mineral buyer would. Either way, it should give you a good ballpark of the fair price.

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### Author: ![Gary\_L\_Hutchinson](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/gary_l_hutchinson/32/4582_2.png) [@Gary\_L\_Hutchinson](https://www.mineralrightsforum.com/u/Gary_L_Hutchinson)
#### Post date: [December 8, 2016, 7:10pm UTC](https://www.mineralrightsforum.com/t/evaluating-mineral-rights/3812/5 "2016-12-08T19:10:48Z")

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Terri,

I’ve done this type of evaluation dozens of times for individuals, LLCs, and estates without complaint or “breaking the bank.” Send me a personal message and I’ll provide some references. I was also educated in and for years lived in Golden.

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### Author: ![r\_w\_kennedy](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/3ec8ea/32.png) [@r\_w\_kennedy](https://www.mineralrightsforum.com/u/r_w_kennedy)
#### Post date: [December 8, 2016, 8:58pm UTC](https://www.mineralrightsforum.com/t/evaluating-mineral-rights/3812/6 "2016-12-08T20:58:26Z")

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Texas Tea, I realize many people get sticker shock when it comes to mineral rights when they want to buy the rights under their land or similar situation. I wouldn’t have even been able to give you a ballpark estimate of what my mineral acres were worth before someone wanted to lease mine and I started doing research.

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### Author: ![Terri\_Cowen](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/e36b37/32.png) [@Terri\_Cowen](https://www.mineralrightsforum.com/u/Terri_Cowen)
#### Post date: [December 13, 2016, 9:41pm UTC](https://www.mineralrightsforum.com/t/evaluating-mineral-rights/3812/7 "2016-12-13T21:41:32Z")

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Thank you. Definitely gives me an idea of which way to direct my client.

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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, 10:53pm UTC](https://www.mineralrightsforum.com/t/evaluating-mineral-rights/3812/8 "2018-08-14T22:53:36Z")

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