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

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To: kingfisher who wrote (557)10/12/2000 3:20:38 AM
From: Lorne Larson  Read Replies (4) of 11633
 
I'm wondering whether one can play the "new issue" oil and gas trusts. Primewest took a major beating when the new issue was announced, but has come back to where it was as the extra stock was absorbed by the market. Now Viking is in a similar situation - trading at around $8.00 as opposed to $8.65 the day before the new issue was announced. Enerplus is another one. My guess is that Viking will announce a pretty good dividend in a week or so, and in another 2 -3 weeks it'll be back to where it was. Likewise Enerplus.
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