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Posted on 11/8/13 at 1:58 pm to genro
quote:
Doesn't Auburn have big research facilities in Mobile/Dauphin Island?
I believe so, AU, not AUM. I was trying to say AUM isnt a huge research institution compared to AU. Although AU is not a huge research institution in comparison to many schools
Posted on 11/8/13 at 2:01 pm to NYCAuburn
Alabama has them as well, but I don't know where that fits into the equation. Much like the intent of this thread. Does Texas include their land holdings for such a large endowment reported?
Posted on 11/8/13 at 2:12 pm to CapstoneGrad06
quote:
Does Texas include their land holdings for such a large endowment reported?
I'm sure they report revenue generated via land holdings. I know Cincinnati does. They generate a large amount of revenue off leasing that goes into the endowment. I would assume similar to most.
Posted on 11/8/13 at 2:16 pm to NYCAuburn
quote:
is that in terms of todays value. US Coal is a dying industry and just a small percentage of what it used to be even a short time ago
Coal is still the most common used source of fuel in the United States, especially for industrial purposes. I don't understand how people could have a problem with UA making money off of the reparations. I don't think the fallen soldiers would be offended if they did. I always knew UA got reparations, but I figured they had already sold it all. Why have they sat on so much cash for so long?
Posted on 11/8/13 at 2:29 pm to TheGumpCard
the government is trying to phase out coal via regulations that make it cost prohibitive. I think its 2015 that the next step of regulations that come into play that we will see even more of a down turn. That combined with natural gas and fracking have destroyed the coal economy compared to the past
Posted on 11/8/13 at 3:24 pm to CapstoneGrad06
quote:
The UA endowment is $986 million
UAT = 683 or 69.27 %
UAB = 175 or 17.75 %
UAH = 128 or 12.98 %
As for the conversion of coal land to endowment money the biggest issue is investing wisely so one times gains are not lost over time. The other issue is reclamation cost and damage to water tables vs sale proceeds. An individual or corporation may not face the same scrutiny as a state institution when it comes to regulation and post mine issues.
Posted on 11/8/13 at 6:14 pm to Cheese Grits
Who the hell is down voting a discussion on this?
Posted on 11/8/13 at 7:06 pm to CapstoneGrad06
I have no idea, but that's hilarious.
Eta, its on a lot of threads also
This post was edited on 11/8/13 at 7:10 pm
Posted on 11/8/13 at 7:27 pm to Cheese Grits
There's no reason to sell the land. Even as timberland you could make as much money off two cuts of timber - assuming it was well managed - as you would get from the land sales, generally speaking (assuming the land doesn't have commercial frontage).
The downvoting is pretty damn funny, particularly because whomeover it is is so determined about it.
Here's his picture, btw:
The downvoting is pretty damn funny, particularly because whomeover it is is so determined about it.
Here's his picture, btw:
Posted on 11/8/13 at 7:42 pm to HarryBalzack
I just want the best for my Alma mater. I know coal is a soar subject but the potential that's left could benefit UA.
And damn the "down voter".
And damn the "down voter".
Posted on 11/8/13 at 10:06 pm to HarryBalzack
In that LSU pic did he bring his own coozie to the bar? 
Posted on 11/9/13 at 6:09 am to HarryBalzack
quote:
the most efficient method of extraction - strip mining
"Efficient" has taken on a weird meaning in late capitalist society.
Posted on 11/9/13 at 6:30 am to CapstoneGrad06
quote:
Alma mater
quote:
soar subject
lol, just messing with you cap. honestly I didn't know we had coal property. I can't believe I learned something, non sports related, about my school.
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