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

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To: trustmanic who wrote (2110)11/29/2001 11:00:22 AM
From: Cogito Ergo Sum  Read Replies (2) of 11633
 
Hi George,

from what IR tells me

1) AVN has no direct exposure to Enron. They deal directly or through CIBC World markets.
2) PWI has very light exposure to the tune of 600K out of 72 million ( < 1% of hedging program )

So there doesn't appear to be anything to really worry about. I couldn't spend a lot of time talking as I've got 2 customer support issues going on this AM and my little guy home sick with me. You plan and plan but then there's life :o) I will though keep my ears open of course and now I have more to learn....re: hedging practices

If anyone has any other info please post it. Actually I was also thinking that if Enron does affect a lot of US E&P and trusts then maybe that might be good for the spot price ? Opinions ?

regards
Kastel
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