Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: E_K_S who wrote (44291)	9/20/2011 3:32:20 PM
From: Spekulatius	of 78678

re Boswell and the water rights. I am not sure if the water rights are worth as much as claimed. For one thing - if the ground water is used to growing crops it would mean that if indeed the groundwater rights were sold, Boswell could not grow any crops on their land any more. I also know that water for agricultural use is heavily subsidized or discounted and still based on the rules when the initial central valley canal system was put in place. but i don't think that farmers could just sell their water rights to a city that needs the water for full price. An what about the oil and mineral rights that are worth 4B$. unless there is a half a billion barrel of crude lying under their land, that number is highly unlikely. Still, even heavily discounted, there seems to be a good amount of value there.... I think the earnings numbers are high, other mentioned 40$/share, or maybe high cotton prices have caused a spike in earnings?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next