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

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To: Lorne Larson who wrote (2461)	1/21/2002 10:26:36 AM
From: gg cox	Read Replies (1) of 11633

"The concept that these things are foolproof and that you "can't lose" is simplistic nonsense. MXT (now UET) came very close to going bankrupt in 1998-1999" Also what must be kept in mind with these trusts is the ever present danger of the "roll back"...if you get caught in it you can be severely behind the eight ball for many, many years unless one has ""unlimited funds"" to continue to buy in great quantities.( Then you are at the mercy of the "Lowen Group" or "Enron" or "Nortel" syndrome regardless of how the trust has traded in the past)Example of this is the one new share for three old shares that ncf carried out last year, which i referred to a couple of times i think up the thread.Which of the trusts is the most likely at this time to have a 1 for 3 or 1 for 4 roll back?? "Row, row, row your boat "gently" down the stream,merrily,merrily,merrily, merrily life is but a dream." This thought from Wayne Dyer. gg

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