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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks
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To: kingfisher who wrote (756)3/3/2001 9:30:11 AM
From: Lorne Larson  Read Replies (2) of 11633
 
I see that PWI is going to do a dog and pony show for analysts in Toronto, Montreal and Calgary next week. I hope they're going to speak in nothing more than 2 syllable words, and use lots of simple cartoon-like pictures. Based on market reaction, most of these guys are obviously too stupid to understand the deal in any other way. Maybe they should simply provide a one-page sheet of paper that says: BOUGHT THE ASSETS AT LESS THAN 3 TIMES CASH-FLOW, AND IMMEDIATELY HEDGED MOST OF THE PRODUCTION TO LOCK IN TODAYS PRICES = GREAT RETURN AT NOMINAL RISK.
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