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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: LLCF who wrote (503)9/8/2000 8:18:42 PM
From: Lorne Larson  Read Replies (1) of 11633
 
Quote from PWI press release in July:

"PrimeWest expects to continue paying the six-cent special distribution monthly until at least January, 2001."

As near as I can see there is no reason why this won't continue beyond January, 2001 if prices stay above $28.00. Put another way, if PWI has to reduces its dividend so will every other oil and gas trust, including NCA.
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