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

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To: Cogito Ergo Sum who wrote (2314)	12/20/2001 7:50:55 PM
From: Peter W. Panchyshyn	Read Replies (2) of 11633

In regards to the storage issues for natgas. You will remember that these very same issues were a major concern months ago when the price for natgas fell to under $2 . And some here like Stan and Lorne were stating that they were going to continue to fall and approach $1 and all the while the trusts were selling at such very huge losses and that was all going to hit the fan. But then what happened. Magically the price has recovered dramatically from those low levels. And now once again we are hearing the exact same things as before. Doom and Gloom . It just seems that the fallout keeps getting pushed further and further away. And in the meantime the trusts are still producing and still selling. And they are not nor have been selling at huge losses. Sure the unit have come down but accumulating and lowering ones cost base has not hurt me any at all. As I have demonstrated. And in the long term scheme of things is a non - issue. It is only an issue for the traders who think they can make big gains but who continue to show that those gains are not really occurring. Case in point the mass exodus of traders on this one at REALIZED LOSSES.

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