SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David Alon who wrote (1072)6/12/2001 3:02:49 PM
From: stan_hughes  Read Replies (3) of 11633
 
David -

"But if the price of oil stays up, you will make back your money in a matter of months. Some of these trusts are paying over 25% per annum"

Undoubtedly so, but that high yield is your reward for taking all the investment risk, in this case, extreme commodity risk. Why should someone else be allowed to carve themselves into your rate of return by illegal means just because it seems "like you can afford it"?

No one can afford to be cheated IMO, and it's too easy to just chalk it up to the cost of doing business.

Wait until these same slimeballs next stampede for the exit with their next piece of inside information, perhaps leaving you to wonder why your units have just gone down, say 40% in value because of some other transaction they knew about that you didn't. Would we get your attention then? Kind of depends on whose ox is being gored, doesn't it?

If we don't stop these kinds of practices as and when they occur, confidence in the markets is undermined and the less moral among us will begin to believe they can act with impunity. Then we will have another Bre-X, or something like it.

Anyone here want to find themselves invested in another Bay-Street-and-TSE-stamp-of-approval Bre-X?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News