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Land Sale tonite
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KevinM
Posted 3/16/2016 11:39 (#5179836 - in reply to #5179792)
Subject: RE: Land Sale tonite



SE IL

gpsdude - 3/16/2016 11:16 Did anyone see this in the fine print. I have no idea what might be available under it. "Mineral Rights: The Seller will be retaining all coal, oil gas and other mineral rights "

Well, since the seller is Peabody Coal, what would you expect? Seriously though, there are minerals under a lot of this area and it is not uncommon for there to be mineral reservations. I think these properties have already been mined under but you never know what else may be discovered in the future. They were held as trading material for property that would be surface mined. Again, fairly common practice here.

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