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re: Here's why y'all should be buying real estate in Magnolia, Arkansas
Posted on 7/21/23 at 6:56 am to rickgrimes
Posted on 7/21/23 at 6:56 am to rickgrimes
hmm, the more interesting news here for me is Exxon is getting in the lithium game?
0
Posted on 7/21/23 at 6:57 am to CleverUserName
quote:
Take a minute and google what happens in the process of lithium mining to power EVs that the greenies are boasting about being so green and ecologically beneficial.
You have no clue. Read about Standard Lithium and DLE from Brine. It's not mining.
Posted on 7/21/23 at 7:10 am to rickgrimes
Who wants to live next to a quarry or a strip mine?
Posted on 7/21/23 at 7:45 am to Cheese Grits
It was a joke, not detective work
Posted on 7/21/23 at 7:50 am to rickgrimes
I have stayed in Magnolia for work trips before. It is a nice little town. I would not want to live there but there are far worse towns in that Souther Ark area. The university there makes it feel slightly like a college town
Posted on 7/21/23 at 7:55 am to rickgrimes
Dad was a Panther and a Mulerider.
Posted on 7/21/23 at 8:51 am to rickgrimes
when I was growing up, Magnolia was a lovely little town. Not sure about now, but as small towns go, it was quite nice. They had a bakery that had (may still have for all I know) killer gingerbread cookies.
Posted on 7/21/23 at 8:54 am to rickgrimes
Looks like Dragnolia is on the rise. Pretty soon Shreveport/Bossier will be a suburb.
Posted on 7/21/23 at 9:57 am to go_tigres
[quote]There ain’t shite to do in Magnolia, AR.[/quoteyou]
It was a dry county in 96 when I visited friends. No idea now.
It was a dry county in 96 when I visited friends. No idea now.
Posted on 7/21/23 at 10:02 am to CleverUserName
quote:
Wait a minute.. hold on.. you are advising people to buy property near a lithium mine?
This will be mined via new technology and will not be open pit mining, think of oil rigs to extract and a plant to convert the brine to usable lithium.
Posted on 7/21/23 at 10:03 am to rickgrimes
They bought leases, not the land.
Posted on 7/21/23 at 10:09 am to rickgrimes
Are mineral rights conveyed through the purchase of a house?
Posted on 7/21/23 at 10:11 am to TheWalrus
quote:
It was a joke, not detective work
Posted on 7/21/23 at 10:14 am to LSU713Tiger
quote:
“(Mobile Home Park Guy)”
Do you see mobile homes and campers and rvs out there?
So investing in a place to park those is bad?
The US taxpayers would have been better off investing in these than green energy companies that went bankrupt.
Posted on 7/21/23 at 10:30 am to teke184
quote:
Are mineral rights conveyed through the purchase of a house?
Thats a huge fly in the ointment. More and more, sellers are retaining mineral rights as part of the contract
quote:
You can sell your land or property and retain the mineral rights. It is possible to sever the mineral estate from the surface estate as part of the selling process. For this reason, a surface rights owner can choose to sell land but retain the ability to explore or exploit the minerals beneath the land or property.
Posted on 7/21/23 at 11:27 am to Alltheway Tigers!
quote:
WSJ article is where that info came from.
The formations with the lithium runs from south ARK/north LA, through central MS down to south AL and west FL. Could be a boon for the entire region.
That would be funny if the poor old backwoods South saved the green revolution.
Actually it wouldn't - it would just turn the region into another like wherever it is they mine it now.
Posted on 7/21/23 at 11:33 am to rhar61
quote:
That would be funny if the poor old backwoods South saved the green revolution.
Actually it wouldn't - it would just turn the region into another like wherever it is they mine it now.
The company they bought the leases from is a brine mine. Meaning they circulate water deeper into a formation or dome to bring it to the surface. It's not a strip mine like the pics you see on Facebook.
Posted on 7/21/23 at 11:35 am to rickgrimes
Got a Flyin Burger there. Can’t be all bad.
Posted on 7/21/23 at 11:39 am to rickgrimes
quote:
The population will more than double over the next 5 years as a result.
Why I wouldn't.
Posted on 7/21/23 at 11:46 am to rickgrimes
If you bought land wouldn’t the sellers likely want to retain the mineral rights? With this info I doubt anyone is selling without doing so.
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