Quote:
Originally Posted by Ralph Sir Edward
Not correct, Ken. Mineral rights are real property, just like the surface of the land. Yes, they can be sold, swapped, ect, but they can't be duplicated. And they can only be produced once... (Well, sort of. technology can change the production economics, causing reuse/rework, just like any other business).
McCauley covered this in 1842. Publishers would always have some version for sale (at an outrageous price), just to keep the copyright. A book held by copies for sale, at, say, $10,000 USD for a copy. Or the headaches of Print On Demand. Company X has an employee buy 1 copy a year. Voila, continually in print...
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Right, but the rights are not the real property they lay claim to, if the right to drill or mine is never exercised, the owners can sell the right, and the new owner can sell it, ect... ect... all without anything of actual value coming out of the ground, (and perhaps no more going to the land owner, from those sales)
Yes, there would have to be some way to prevent that. Perhaps a stiff penalty if caught taking actions to hold on to the copyright through such fraudulent compliance.
Luck;
Ken