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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks
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To: Cogito Ergo Sum who wrote (978)5/8/2001 6:20:23 PM
From: bill  Read Replies (1) of 11633
 
Interesting. I had GOU, sold too early but took a profit.
Have hung onto my GOU.PR.A. The return is good and the
upside protection is at 5.00 a share. I'm still not sure
on what formula they pay so I'm not sure of the risk in
a declining interest rate environment. I believe that
the monthly payment is based on a rate fixed to the
prime rate. I'd appreciate it if someone could/would
explain how the preferred rate is set. Not so long ago
they were paying one cent a month rather than 2.4.
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