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San Juan Basin Royalty Trust Message Board

  • bymyboat2002 bymyboat2002 Sep 8, 2010 1:19 PM Flag

    Anyone familiar with....

     

    Anyone familiar with the "scheduled liquidation" of SJT? How much time does this have left?

    Can it's life be extended?

    Thanks....

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    • Lin in Sunnyvale, Thanks for the comments.. I think I may recall some of your previous comments on here. ? It somewhat sounds like I may of missed an ideal opportunity to lock in a good profit... here but I must of been sleeping.... as usual..
      guess I am one of such a few ... that may admit same..

      GLTA...
      SJT 30???

    • Well Boatboy...you are the one displaying a shortage of functioning cerebral matter. All you had to do is go to the FAQ part of their website...
      --------

      Is there a termination date for the Trust? How will the Trust end?

      The Trust does not have a specific termination date. However, some events that could cause the Trust to terminate include:

      the Royalty fails to generate net revenue for the Trust of at least $1,000,000 per year over any consecutive two-year period; or
      the holders of 75% or more of the Units vote to terminate.
      Once the decision has been made to terminate the Trust, the properties will be sold for market value and the cash received from the sale less any applicable administrative costs will be distributed to the Unit holders of record at that time.
      -------------
      and you don't seem like a very nice person to boot.....
      :)

      • 2 Replies to SirRoyce
      • SirR, thanks for the comments... sheesh doesn't sound real good for sjt.... ????
        Dave the Novice
        and yes if you were curious.. I waas shot thru the brain..
        and yes you are also quite xorrect as the boat child wasn't NOR IS HE A VERY NICE PERSON..
        Dave the novice

      • HEY!!!!!!!!!!!!! THANKS.. for the comments... and true I didn't know that...JUST AS I WOULD VENTURE to bet.. that the person that offered such a RUDE COMMENT.. HAS NEVER / NOR WILL EVER DO ON BEHALF of this country .. what I have done!!!!!!!!!!!!

        S/F...
        Dave the Novice...
        I took a bullet to the brain for this country.. and was stabbed in the arm.. mind SAYING THAT AGAIN!
        PLEASE DIRECT THIS TO THE EARLIER POSTER... COMMENTS FROM A VET!!!!!!!!
        htp://www.battleforhue.com

    • WOW!!!!!!!!!!!! A SCHEDULED LIQUIDATION OF THIS <sjt> are you serious??
      I thought was a real winner .. sheesh don't say.. I have finally missed another "sale" signal??

      Dave the Novice//

 
SJT
10.51-0.09(-0.85%)Sep 2 4:02 PMEDT