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Gold/Mining/Energy : Canadian stocks that pay DIVIDENDS!!!!

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To: C who wrote (1)7/15/1997 10:21:00 PM
From: kingfisher   of 129
 
I am enthusiastic about 2 high yield stocks.MTC Morgage Investment Co.will pay out .75cents in dividends this year trades on Toronto symbol MTO ,last trade today at $7.80 yields over 9% and management would like stock to trade in the $9.range. My second pick is the Triax Diversified High Yield Bond Fund will yield 11% if you can pick some up at $7. Issued this year at $8 trades at $7 despite the fact the managers will probably exceed their projected distributions of .84cents very undervalued capital gains potential also.Trades on tse symbol TRH.IR.These are installement receipts with balance due of $7 in March of 1997
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