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

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To: David Alon who wrote (3436)	6/13/2002 12:18:42 AM
From: bill	Read Replies (2) of 11633

Thanks. I'll take a look at LIV. Revenues seem small but if their plans work out that can be remedied. I have some knowledge of trucking. There is a constant need for capital. Warehousing has fixed costs unless you're expanding. The trucking though would concern me. Lot of maintenance and replacement. Of course, they might be contracting out the trucking to indpendents rather than having a fleet of trucks. Do you know? I'm just naturally conservative and cautious. That's why I didn't go for the restaurants. Too much experience, knowledge of how often restaurants, even chains, go out of favour; too aware of how much money is skimmed by owners and staff. The big chains have the advantage of cost controls and hopefully administrations watching the till. I prefer A&W over Mac but in the last year or so when I've stopped at them, I've noticed some of them are looking a bit rundown and the clientele seems to have become poorer, sitting over coffee rather than a meal. May just be me. May just be the ones I have stopped at. Maybe they're making it up in the malls. They seem to be busier in the malls.

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