The experience of creating common pool resources with the purpose of better management is quite common in several parts of the world. There are some situations of such pooled resources managed almost as an open access resource and elsewhere, as a perfect common property resource. It is hypothesized here that quite often such pooling processes begin as open access resources and only with experience do they slowly become transformed into common property resources. The rate of such a transformation and degree of pooling intensity depend upon many factors, including leadership commitment, and the associated rules of the repeated game. A model of such a pooling process is formulated to test this and several other hypotheses. Empirical evidence from a case study is provided followed by some hypothetically simulated cases.