I was talking to a fellow who runs a scientific company who bought some mines connected to the old Comstock hoard; the tailings became financially extractable when gold shot up in price. He said the problem was that the managers of the mine would not pay him for what they got out of it.
Or, maybe he should go back to running the scientific company since the Comstock was a silver mine.:whistle:
Yup, that's gold miners for ya......... ######## And he better go oversee the operation personally or he ain't ever gonna see a nickel. Probably won't anyway but no lessee/manager is going to treat him any other way.Sad, but true in my experience, and I own a few more than a few holes in the ground.
I own a couple in similar area. My manager pays a good deal. We split 50/50 and he pays on time etc. If your friend wants his info pm me or email me. I've been getting close to $40k a month per mine for the last several months.
I'll let him know. He and at least one friend have already lost a bundle. He is not an idiot but he is over his head. He told me the mine was for sale.
