…as an academic argument, when mated to the appropriate engine, is the pump really moving water at the rate of 400 GPM?

There are many smaller old hard rock mines out there—more than you might think. There are some small hard rock properties that are even open to be claimed if one does the right amount of research to find them.

What do you do when you’ve located a promising deposit of gold or gemstones, but it’s trapped in solid rock?

This is the point where you might ask, “What do these types of contracts typically look like and how are they negotiated?” Well, that is the topic of this month’s article.

For simplicity, I will assume that you wish to make enough profit so that you can comfortably pay your bills using just the profits from the mine.

Let’s take a look at these important property aspects individually, because they all affect the value of a property and how much mining companies might or might not be interested acquiring it.