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BP Prudhoe Bay Royalty Trust Message Board

  • diogenes1234 diogenes1234 Oct 27, 2000 3:32 PM Flag

    Read the Prospectus!

    Has there ever been a more misundertood
    investment?

    No dividend, not a stock, no exhaustion of field.
    Not necessarily high yield. No growth. Heading
    unalterably toward zero.

    All is dependent on the
    future price of WTI. The hooker is the escalating
    scheduled cost of production (written in stone, per the
    prospectus) inflated by the CPI, which is charged against
    price to determine payout.

    Misunderstood, but
    not necessarily a bad investment, for what it is an
    an excellent one at the right price.

    No
    disrespect, but if you can't afford to do your homework, look
    elsewhere.

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