Dr. Syn
Sr. Member
Hmm, as I hang from my pole watching the crows eat the corn I have time to browse the net. Hey my brain may be full of sawdust and straw, but even that would have me questioning an offer(s) like have been given.
And I've been in that position, no not on the pole, of being offered something for what's on my property.
Silly me owns my farm land, and the mineral rights. Now then if someone were to send me a letter about buried treasure, and offer 1/3rd if they find something, I would think about it. And that's about all I would do. I'm being offered 1/3rd of a maybe.
1/3rd of a maybe, told it could be 50K or nothing. To me I'm going to see if this is serious. So I fire back 50/50 split to see what happens.
Now I get told instead of the loot being 150K total, it is now millions and millions of gold coins.
Wow that's a lot of loot! And now doubts start creeping in. Hmm, first they told me 50K maybe, now it's millions maybe. Me thinks something is not quite right. OK, they were trying to get me to agree to a maybe 50K, and then they would have walked off with multi millions? I don't think so!
And now I'm told it may not even be on my property, but for the use of my land, and my neighbor's I am now only going to get 25% stake of maybe?
I've seen and heard my share of BS while hanging out in the field. And three different stories is beginning to smell a little ripe to me.
And I'm thinking someone is trying to pull the straw over my eyes.
I may be a sack of straw, but way too much going on here to just jump off my pole and go along for the hayride.
I'm not a greedy Scarecrow, but I'm not dumb either. 1/3rd of nothing is nothing, 1/3rd of something is something. But 100% of something is even better.
Me thinks Franklin shot himself in the foot with his approach to the owner. As he stated this guy is a businessman. A businessman who's successful isn't dumb. Told of 150K on his land, and he get's 1/3rd if it's dug up. Something or nothing. Then told it could be millions and millions? BINGO you just told the guy of mega money on "his" land. This guy is no dummy like me, 6 grand an acre+/- is a little high for old farm land, prime land where mine is goes for the most at 3k. . Why did he buy those approx 10 acres?
Maybe he knows more then you. As stated it's ramshackle buildings, overgrown, chock full of rattlesnakes. Not what I would call prime land unless there is something else going on. It's his land, you can't touch it legally. So who's to say he didn't already know about what was there, and now you've just helped confirm it?
The old saying a bird in the hand is worth two in the bush, might have been a better way of going about your offer. As is, you are offering him nothing(but the 2 in the bush), a maybe to dig up his land. Maybe a better way would have not said anything, and just ask for permission to hunt, with no mention of said treasure. Or tell him up front that you want to hunt the old homestead/barn/outbuildings for relics and would be willing to share in what you found.
Me thinks all you have done with your offers is to tell this guy that there is something on his property and you have been trying to cheat him out of it.
Now then, kinda on/off the subject. But I was approached with an offer like yours to look for corn (natural gas) on my property, whole $2.00 an acre to look, and a cut of any found. Then it was $50.00 an acre and said cut. Sound familiar? Now crows won't eat where there's bad corn, they go for the good stuff. Every scarecrow knows that. So I check with the other scarecrows.
Find out they've been making deals too. Some of them are real brite even for a scarecrow, some not. Find out my field is ground zero for corn.
So I figure I'll wait a bit, to see what other crows may show up looking for my stuff. My corn, it's not going anywhere. And hanging out pays.
Settle with some real nice crows. Unlike the first ones, these crows don't offer me a maybe. I settle for $1000.00 an acre up front, percentage of gas taken, percentage of gas refined, paid for any roads built, separate payments for each well, and say so of how my fields get put back. And I take care of my neighbor scarecrows too, they get a cut of the goodies just cause their field touches mine.
Your approach to the owner was pretty much the same as the first set of crows I dealt with. I'd say kiss that one goodbye, he'll ether do it himself, pay a pittance to someone to do it for him, or settle for a better offer from someone else.
Maybe it's a good thing, if those coins do exist. All it's going to take is one to hit the market the wrong way and the men in black would be at your door looking for their cut. Don't think for a minute that you wouldn't get thrown under the bus when one of the what 5+ possible parties get caught.
Yep dumb old scarecrow, who did the same for the crows looking for coal, who doesn't have to work anymore, nor do his kids. (bird in the hand)
And I've been in that position, no not on the pole, of being offered something for what's on my property.
Silly me owns my farm land, and the mineral rights. Now then if someone were to send me a letter about buried treasure, and offer 1/3rd if they find something, I would think about it. And that's about all I would do. I'm being offered 1/3rd of a maybe.
1/3rd of a maybe, told it could be 50K or nothing. To me I'm going to see if this is serious. So I fire back 50/50 split to see what happens.
Now I get told instead of the loot being 150K total, it is now millions and millions of gold coins.
Wow that's a lot of loot! And now doubts start creeping in. Hmm, first they told me 50K maybe, now it's millions maybe. Me thinks something is not quite right. OK, they were trying to get me to agree to a maybe 50K, and then they would have walked off with multi millions? I don't think so!
And now I'm told it may not even be on my property, but for the use of my land, and my neighbor's I am now only going to get 25% stake of maybe?
I've seen and heard my share of BS while hanging out in the field. And three different stories is beginning to smell a little ripe to me.
And I'm thinking someone is trying to pull the straw over my eyes.
I may be a sack of straw, but way too much going on here to just jump off my pole and go along for the hayride.
I'm not a greedy Scarecrow, but I'm not dumb either. 1/3rd of nothing is nothing, 1/3rd of something is something. But 100% of something is even better.
Me thinks Franklin shot himself in the foot with his approach to the owner. As he stated this guy is a businessman. A businessman who's successful isn't dumb. Told of 150K on his land, and he get's 1/3rd if it's dug up. Something or nothing. Then told it could be millions and millions? BINGO you just told the guy of mega money on "his" land. This guy is no dummy like me, 6 grand an acre+/- is a little high for old farm land, prime land where mine is goes for the most at 3k. . Why did he buy those approx 10 acres?
Maybe he knows more then you. As stated it's ramshackle buildings, overgrown, chock full of rattlesnakes. Not what I would call prime land unless there is something else going on. It's his land, you can't touch it legally. So who's to say he didn't already know about what was there, and now you've just helped confirm it?
The old saying a bird in the hand is worth two in the bush, might have been a better way of going about your offer. As is, you are offering him nothing(but the 2 in the bush), a maybe to dig up his land. Maybe a better way would have not said anything, and just ask for permission to hunt, with no mention of said treasure. Or tell him up front that you want to hunt the old homestead/barn/outbuildings for relics and would be willing to share in what you found.
Me thinks all you have done with your offers is to tell this guy that there is something on his property and you have been trying to cheat him out of it.
Now then, kinda on/off the subject. But I was approached with an offer like yours to look for corn (natural gas) on my property, whole $2.00 an acre to look, and a cut of any found. Then it was $50.00 an acre and said cut. Sound familiar? Now crows won't eat where there's bad corn, they go for the good stuff. Every scarecrow knows that. So I check with the other scarecrows.
Find out they've been making deals too. Some of them are real brite even for a scarecrow, some not. Find out my field is ground zero for corn.
So I figure I'll wait a bit, to see what other crows may show up looking for my stuff. My corn, it's not going anywhere. And hanging out pays.
Settle with some real nice crows. Unlike the first ones, these crows don't offer me a maybe. I settle for $1000.00 an acre up front, percentage of gas taken, percentage of gas refined, paid for any roads built, separate payments for each well, and say so of how my fields get put back. And I take care of my neighbor scarecrows too, they get a cut of the goodies just cause their field touches mine.
Your approach to the owner was pretty much the same as the first set of crows I dealt with. I'd say kiss that one goodbye, he'll ether do it himself, pay a pittance to someone to do it for him, or settle for a better offer from someone else.
Maybe it's a good thing, if those coins do exist. All it's going to take is one to hit the market the wrong way and the men in black would be at your door looking for their cut. Don't think for a minute that you wouldn't get thrown under the bus when one of the what 5+ possible parties get caught.
Yep dumb old scarecrow, who did the same for the crows looking for coal, who doesn't have to work anymore, nor do his kids. (bird in the hand)