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

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To: russet who wrote (1621)10/13/2001 10:50:03 AM
From: Lorne Larson  Read Replies (3) of 11633
 
russett: Regarding hedging, have a look at the hedging Advantage has put in place:

advantageincome.com

Don't know much about this trust. Never owned it. Anyone have any thoughts?

On PWI, their press release of Sep 20, which set out their hedging program had an interesting comment, which no one seems to have picked up on. The release indicated their hedging position up to June 30/02. However the release also states that they have "recently entered into a number of additional commodity risk contracts to provide for greater commodity price certainty and downside protection over the next 24 months". 24 months would take them to Oct/03. Interesting.
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