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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks
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To: Lorne Larson who wrote (2548)1/26/2002 6:54:35 PM
From: David Alon  Read Replies (1) of 11633
 
Lorne, concerning NG prices, I can not see a recovery unless we have either a very very cold 2 months or an extremely hot summer.
On the supply side, many are drilling much less and therefore, by next winter the supply/demand should be better.On the forward market, NG is trading close to $3.
Companies that have a good hedge in place are sill going up, eg. AVN.
Oil is another wild question, but I started buying again AY (their latest issue), as the other reits are now to high and the return to low. Good luck.
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