Canadian REITS, Trusts & Dividend Stocks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Scott Mc who wrote (707)	1/22/2001 9:12:39 AM
From: Lorne Larson	Read Replies (1) of 11633

Interesting to note that the Canadian oil and gas trusts were recently mentioned on the SI Strictly:Drilling forum: Message 15222102 The trusts are getting way more attention now than 12 months ago. Probably means we're good for one more good pop in unit prices (e.g. PWI and VKR to $10, AY to $11, etc). At least that's the way I'm playing this thing right now. Actually in terms of under-valuation the junior oil and gas companies now are given a lower cash-flow multiple than the trusts. That's the reason that Founders Energy is converting from an junior E&P to a trust: Message 15212373 I've bought a couple of juniors over the last 2 weeks, and I'm looking at a few more. However for the reason indicated above (and the 20-25% yields) I'm going to stay overweight in the trusts until this thing plays itself out completely.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next