PMT still linked with Tourmalinethrough their remaining interest in TOU shares.
although much smaller now with debenture swap deals, PMT still owns share in TOU and has a margin loan that is linked to TOU shares.
so as TOU shares go higher so do PMT value from their TOU shares.
I also mentioned PMT's accumen in deal making on prior occastions and 2 of those deals happend to be with TOU.
will there be a third deal with TOU?
perhaps a JV on PMT's deep basin Columbia interests?
maybe PMT can get more TOU shares if they strike a new deal???
lots of potential here if you are a NG and oil bull?
otherwise these drones are not the drones you are searching for.
GLTA