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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Douglas V. Fant who wrote (49924)8/26/1999 9:23:00 PM
From: William JH  Read Replies (1) | Respond to of 95453
 
Cross Timbers sold 17mm shares of the Hugoton Royalty Trust, but they retained 23mm shares.

They filed to form a Permain Basin Royalty Trust on 8/24/99.
This will be 70% oil production, 80% of production to the Trust.

biz.yahoo.com

I think these RTs are a very good move. Much better than drowning in debt, IMHO.