Dana McGinnis, Chief Investment Officer of Mission Advisors, commented:
“We believe shareholders should avoid dissension that could impair this wonderful asset, as the dissident nominee’s past suggestions offered to shareholders may be an indication of the possible disruptions he would bring to the future workings of the Trust. In our view, TPL survives and has prospered because it has been managed well, because it has been protected by the Trust. We are fully aligned with TPL management to elect Four-Star General Donald G. Cook as Trustee.”
The full text of Mission Advisors’ Second Communication to shareholders of Texas Pacific Land Trust can be read here.