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Fickle reserve life - mcdep report     28-Oct-09 11:06 am    
Been watching this trust for a while. I am a past holder of MTR and current holder of HGT and had been watching MTR for a good re-entry point. I just saw a mecdep report for MTR at http://www.mcdep.com/rtweek90928.pdf

He says MTR reserves have gone from being the longest to the shortest when compared to HGT and SJT. Also notice he is using $8/mmbtu for NG long term, which is way above what price is now. Makes me wonder how much faith I should be putting into these reserve estimates for any trust (including the HGT holdings I have). How can these things be evaluated with numbers all over the map?

JBQ
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Fickle reserve life - mcdep report
john_be_qui... 28-Oct-09 11:06 am  
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Mesa Royalty Trust (MTR)

Chart for Mesa Royalty Trust (MTR)
On Nov 27: 40.759998 Down 1.2299 (2.93%)
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