Strictly: Drilling and oil-field services Message Board

STOCKTALK

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 : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Frank Pembleton who wrote (92778)	7/26/2001 5:12:26 PM
From: Cogito Ergo Sum	Read Replies (1) of 95453

Kastel, be careful with these trusts! NCE is approximately 40% weighted towards natural gas, and very little of it is hedged. PrimeWest - pretty much the same story, although they do use hedging on half the production. I know NCE is highly leveraged to prices (no hedging) and Prime West was more attractive due to their hedging. These guys make money even at 2.50 NG and lower oil prices (which I know you know :o) PWI expects to maintain the current dividend levels until December.I'm not overly bullish but was hoping for some follow through or a summer bottom in NG. I'm looking for another medium term play and these have not bad liquidity. Well Frank, (I'm starting to feel like Bayliss here LOL) my toes ended up dry. Seems I was just too cheap for the sellers today :o) I'm sitting about 20% PM's 5% old baggage, some Labour Sponsored Funds (LT stuff that I can't cash now without a tax penalty) and the rest cash and bonds. regards Kastel what a day. only got to spend an hour working on the patio. 3 emergency calls from customers and then off to the daycare early as my little guy is / was running a high fever.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next