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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Bocor who wrote (174558)12/5/2012 9:29:46 AM
From: Bearcatbob  Read Replies (2) of 206184
 
FCX has agreed to acquire MMR for per-share consideration consisting of $14.75 in cash and 1.15 units of a royalty trust, which will hold a 5 percent overriding royalty interest in future production from MMR’s existing ultra-deep exploration properties.

Does anyone have any guess at what the value of the Royalty Trust might be worth? It seems like this is a way Jim Bob is allowing current shareholders an opportunity to participate long term.

Bob
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