Quote:
Originally Posted by francois60
BTW, another risk to exploiting natural resources that I can't believe I forgot to mention is being wrong about what's actually there. My grandfather dabbled in oil for awhile. He got a contract on federal property where his people said there was X amount of oil, and he paid on that basis. Turns out there wasn't a whole lot oil and his little venture was a failure.
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That could hurt a small investor, but with nowadays technology, I don't think they make those kinds of errors.