Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: willcan who wrote (13099)	5/23/2002 4:04:39 PM
From: Cogito Ergo Sum	Read Replies (2) of 36161

Hi willcan, Not a good idea to count on Yahoo for those numbers. Found that out the hard way. Here's the latest news release though. PrimeWest today confirms a cash distribution of 10 cents per trust unit for May 2002. The distribution will be paid on June 14, 2002, to all unitholders of record on May 31, 2002. The ex-distribution date is May 29, 2002. This level of distribution represents a 17% cash-on-cash yield based on May 16th's closing price of $6.95. All numbers Canadian. so .10 * 12 months = 1.20 / 6.95 * 100% = 17.??% biz.yahoo.com Note on PWI: Their debt s a bit high due to an acquisition during the last NG bubble. As always do your own DD. I posted a more extensive list to Rolatzi. You might want to look at NCN (NCF.UN(TSE)) also as it has a real listing on the US side. regards Kastel

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