Replies to post #729 on Texas Pacific Land Corporation (TPL)

[couldbebetter]

This is why. TPL has held "perpetual non-participating royalty acreage"
for a long time. This entitles the owner a royalty interest of oil &
gas production without ever having to put up any money. TPL used to
state that when surface lands were sold TPL would retain the mineral
rights. SO WHEN MANAGEMENT SUDDENLY SELLS OFF A PORTION OF THOSE
PERPETUAL RIGHTS ONE WANTS TO KNOW WHY! Does anyone really believe
managements story that they only traded lands with Chevron which
resulted in a much better deal for TPL! So TPL's two trustees
outwitted Chevron, with all of its petroleum engineers into giving
them a much better deal? That's laughable! For starters it was
understood that TPL would never sell off its mineral rights. Why
sell off the very heart of your operation? Because Chevron will
give you better land in return? Isn't that what TPL management
wants us to believe?