Canadian REITS, Trusts & Dividend Stocks 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 : Canadian REITS, Trusts & Dividend Stocks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: trustmanic who wrote (2129)	12/1/2001 1:05:04 AM
From: Cogito Ergo Sum	Read Replies (2) of 11633

HI George, Don't quote me on this but I would guess that the production where they can cancel the contracts and get new ones (the physical) are most likely as you say a bit of welfare reduction. I mean gas is not widgets, they don't back up with a trailer, deliver the entire load, and then send a bill. So I'm guessing the loss on these will mainly stem from poorer contracts going forward. as I mentioned to sportsman The remaining 2.0 Bcf contract is a financial hedge with Enron Canada Corp. is what concerns me because of the legal action statement I assume this is toast, but frankly I haven't the foggiest idea how it works. They really didn't give us anything to go on with this one either, a bad sign, but on the bright side this puts the % much closer to what IR originally told us. I nothing else I'll learn more about hedging as they are obviously not all created equal. regards Kastel a cute and cuddly Canadian Remember guys I'm just learning here so if anyone's got a better handle on this I've got thick skin.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next