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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Richard Saunders who wrote (7872)	1/19/2001 1:53:55 PM
From: stan_hughes	Read Replies (2) of 24898

RS - Very interesting. Whatever the case, since the stock is already now $3 1/2, and the conversion to trust is on a 3 for 1 basis, that is effectively pricing it at $10 1/2 in order to entitle one's self to the forecasted $0.25 monthly distribution. You could buy AY.UN right now at $10 for the same entitlement, and actually have it backed by some assets. Hats off to existing FDE holders, but I'd take the money and run here as fast as my feet will carry me. Just my opinion and not meant to be investment advice.

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