Why is Powertech purchasing real estate and empty buildings in Weld County?
The company continues to acquire land that it feels is in key locations for recovery of its reserves. In Colorado, the minerals estate is senior to the surface estate, but Powertech has chosen to purchase certain surface lands, rather than exercise its legal option of forced entry onto those lands where we possess mineral rights. Some buildings that Powertech has acquired will be used for storage of equipment to discourage vandalism and prevent theft.
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