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Treasure Island Royalty Trust Message Board

  • sponge_bob_is_no_square sponge_bob_is_no_square Jun 21, 2012 4:23 AM Flag


    What would make TISDZ soar?

    There are two big catalysts in my view:

    • Confirmation of oiliness at BBW2 (SS188), followed by;

    • An announcement that MMR is bringing in a major as a partner to develop BBW, BBE and Lafitte.

    Oiliness would blow away all the natural gas models that have been kicked around on this board.

    It's appears to me that MMR has too much on its plate and is being pulled in directions that have no TISDZ royalty participation (e.g., Barbarosa and on-shore prospects that are apparently the next to be spud). So MMR needs a partner to develop the leases that are subject to our overriding royalty, or the income benefits and capital appreciation may go only to our great-grandchildren.

    The above is fairly obvious. A steady increase in demand for natural gas is another catalyst. What say you?

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