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

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To: trustmanic who wrote (1800)	11/8/2001 12:58:30 AM
From: bill	Read Replies (2) of 11633

George, I knew I was doing something wrong. I thought it was buy high and sell low. I knew something wasn't working. I'll get it right yet. At least I will if oil doesn't drop to 9 dollars a barrel and some of my beat up trusts go back up. It's either that or keep averaging down until I get a place on the board and get a zillion options. I got five letters in the mail today for EIT wanting to have me tender my stocks for five different companies. I chucked them out. I agree with you. Why pay two management fees? I guess one could argue that a trust holding trusts is less volatile but if one wants that why not buy ones already in existence. There are a number of those. I own one and it has done very well but I wouldn't buy it now because it is trading well over its NAV.

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