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

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To: trustmanic who wrote (2779)	3/7/2002 2:32:43 PM
From: Peter W. Panchyshyn	Read Replies (2) of 11633

O & G price is getting higher now, do you think that the amount of our welfare cheque will increase soon? ------------ I think there is a lag time of one or two months. Meaning that this months (MARCH) "cheque" is from sales in January. But as things look now the increases coming should be good if these prices can sustain themselves or even go higher. Remember December and January prices for oil were around $17 or a little higher. And for ngas were just over $2. One thing to think about. If those on the demand side were holding off on any new contracts thinking at $17 & $2 things were going to go a lot lower, What is going to happen now that prices are much higher $24 & $2.70. And more importantly then what does that mean to the trusts. ---------------

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