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

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To: David Culver who wrote (533)	9/18/2000 8:15:25 PM
From: kingfisher	Read Replies (2) of 11633

Prime West discussed again in September 8th Investors Digest.Article claims Prime West will pay out $1.65 this year and another $1.65 next year which represents a 20.6 return based on price of $8.45. A $9 target seems reasonable.Prime West now has a 12.2 year life expectancy based on current reserves. Forty per cent of Prime West production is gas. .......................................................... Personally I expect a year end special distribution and $1.75 distribution for next year.This could turn out on conservative side since some analyst are calling for $30 oil average for next year and Canadian gas prices of $5.50 for 2001.

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