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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks
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To: Scott Mc who wrote (404)6/22/2000 9:28:00 PM
From: kingfisher  Read Replies (1) of 11633
 
Looking at trading history for Prime West indicates plenty of upside.
In 1996 Prime West traded up to $12.15 per unit.Oil closed in 1996 at $22 a barrel.Do not have figures for natural gas in 96 but will take a shot that they were half of what prices will close this year.

I feel strongly that energy prices will remain strong for another year minimum and Prime West will probably be able to substain that 16 cent distribution for 12 months.

Best Regards,
Richard
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