James, thank you. For your sharing your knowledge. NGM lawyer did mention a formula he had to work out & seened he was not inspired to jumo into the math? Lol. So that was right on. Yes, Newmont & Barrick formed as a partnership Nevada Gold Mine llc. Right again. I been doing for more than 5 month research on the value of buyouts & leases, and mining activity & and who has what. I even found the price Newmont paid in 92 for the net 38 acres surface rights & 50 % partnership, $150,000 when gold was $350/oz. We have in addition 80 mineral rights acres on the adjacent section 10 too. Beside 8,000 in Lander. And the lawyer did mention that our acres are part of a 3,000 plus acre developement. He must mean they attained the rights to the 3,000 acre ranch to the east of our parcel? I got most if my info from a US Gold announcement of their sale of Magie Creek project & Oregen Royalties corporate web site of thier involment in ownership of Maggy Creek
I would like to ask you would you be so kind to explain " if they need our property for effient developement."< And I will pursue your resouce references in Colorado. Thank very much , you have given good info & good leads for further study. Maybe some day we can talk about mineral rights in Lander? Stay safe & God Bless!