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Re: 6kidz post# 23996

Sunday, 10/21/2007 1:33:08 AM

Sunday, October 21, 2007 1:33:08 AM

Post# of 51429
Actually, what I referred to was related to Sabine Royalty Trust and the benefits of havine such a Trust.

Keith referred to Sabine as 'the top of the food chain' in the O&G industry.

It is simply owning the royalty rights to leases with producing wells on them.

I guess it's kinda like JG Wentworth, who buys people's annuities and whatnot, usually at a considerable discount and due to impatience or a desire/need for quick cash. It can be considered somewhat predatorial, but that's how money is often made.



L~



"took me 3 long years to make a million bucks over night"

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