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

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To: Peter W. Panchyshyn who wrote (2445)1/20/2002 2:58:07 PM
From: Lorne Larson  Read Replies (1) of 11633
 
So you think there is a major difference between a "realized loss" and an "unrealized" loss? Take your financial statements to your banker and try and sell him on that one, why don't you? I guess if I bought Nortel at $100 and I still have it, I don't really have a loss? Jeez maybe some day it'll get back to $100 and therefore I haven't really lost anything. Why don't you go over to one of the Nortel boards and comfort them with this incredible piece of wisdom?

You are correct however on PGF - the reference to my still being short PGF should have referenced my still being short NCF. If I was also short PGF I would tell you immediately of course Peter, so you could rant about it for the next 3 weeks. That being said, I think PGF is one of the weakest oil and gas trusts out there right now. Carrying more debt than most and apparently (at least according to TD) has major capex coming this year.
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