Replies to post #2710 on Mesa Offshore Trust (fka MOSH)

[dmbao]

That may very well be true. Actually getting the lawsuit settlement MAY take a long time. That is why getting the royalty payments back on line is critical so you are getting very well paid to wait!

Also if it all blows up in MOSH's face there is still liquidation of the trust that could return all your capital and perhaps more.

Lots of positives little downside if your patient and can sit on this for a while.

My hope is to get annual payments in excess of my total investment amount at favorable tax rates for many years to come, see a large appreciation in the unit price due to the stream of royalties and one day get an announcement of a significant windfall from the settlement. A 1,2,3 Punch with,limited downside.

It could all take a while though.

[OTC BB King]

You have to remember that a huge cash settlement is just one thing that the plaintiffs are asking for here. MOSH wants their 50% interest in the Midway well back after the illegal farmout, that would mean millions of dollars to the trust each month. MOSH also wants a new working partner who is interested in drilling and developing trust assets to actually make money from producing oil and gas on trust properties rather than trying to simply destroy the trust. A proactive working partner could mean BILLIONS to the trust.