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

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To: Scott Mc who wrote (728)	2/5/2001 7:19:39 PM
From: kingfisher	Read Replies (1) of 11633

NEWS OUT ON TEMPLETON! NAV $13 Stock at $9.60.PLenty of upside remaining.Hope someone was able to profit from my previous alerts on TEM.UN. Cinnamon Investments Ltd., together with parties acting jointly and in concert, have acquired 658,700 Units of Templeton Emerging Markets Appreciation Fund through the facilities of The Toronto Stock Exchange, representing approximately 15.18% of the 4,338,188 outstanding Units. Cinnamon President, Patrick Hodgson, intends to discuss with Fund management alternatives to reduce or eliminate the discount from net asset value at which the Fund currently trades and thereby enhance value for all holders of Units. Cinnamon has recently encouraged other Canadian closed-end funds to effect changes that significantly reduced or eliminated the discount. Cinnamon and parties acting jointly and in concert, may make further purchases of Units from time to time and may dispose of any or all of Units owned by them at any

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