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

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To: Cogito Ergo Sum who wrote (1022)	5/22/2001 11:56:44 AM
From: Scott Mc	Read Replies (2) of 11633

Comon, you know I mean 4.50 based on current price, or 18$ after the 4:1 consolidation.... My basis for the $4.50 was based on projected payouts and likelyhood of them meeting it, I expect that if things keep going the way they are that 20% return on trusts would be reasonable, therefore when I was buying at 2.80 I expected a 50% increase which would mean $4.20 based on the .84 per share. Another .28 between now and Sept gets pretty close to $4.50... Anyway my comments and the cost of 1 share of SGY will get you a nice cup of coffee at Starbucks. I own less than 10 thousand shares, my plan is to increase my position after the consolidation if the price pulls back around 15-20%. Scott

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