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

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To: Lorne Larson who wrote (2944)	3/21/2002 2:07:41 AM
From: Peter W. Panchyshyn	Read Replies (1) of 11633

What Lorne can't counter Part 2 I know you hold PGF and NCF. Maybe you don't realize it but these babies, even after adding in their distributions for the past year, and after the big run-up over the last 2 months, still show a total return loss year over year from March 20/01. -------------- Lets look at some numbers. Using an accumulate on weakness strategy. I'll try to keep this as simple as possible for you. In an early post you brought up that I recommended buying this one at $17. Start of my accumulating. It reached a low of $12.80. It is now $15.70. Now assume someone bought 5000 shares at each of $17 and $12.80. What is the result at todays price. ITS A GAIN. Add the income earned to that. ITS STILL A GAIN. WHERE IS THE LOSS?????? Results would have been even better if in this example you made it more like what I do by buying much more at each step down. And enjoying the rise upward. SO AGAIN IGNORE THE OBVIOUS NO ONE ELSE IS. ----------- ------------- Now care to show some numbers of your own that completely refute this. I THOUGHT NOT. AS USUAL. -----------------------

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