There is one potentially substantial investor in TPL that I understand is waiting on the side lines to see what the committee decides. What bothers me is the two incumbent trustees seem to hold all of power in deciding what course TPL will be placed. These two could end up either agreeing to a good deal or perhaps making a very bad situation worse. I don't trust their judgment. Hope I get proven wrong. Until "they" decide to tell us peons what is going on the shares will remain depressed. If you believe the share price today seems to be a bargain, it seems that way for a reason.
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