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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks
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To: Marc Fortier who wrote (5547)2/24/2003 1:16:42 PM
From: Tommaso  Read Replies (3) of 11633
 
I mean that the Calgary Herald carried a story on Saturday that was being distributed by the Canada Press, and the Globe and Mail ran a box on Sunday, showing earnings of PWI dropping from $3.08 to 0.06 for last year.

I expect distributions might be cut after the next couple of months.

I was quite surprised to be able to get out with a profit this morning.

There may be nothing at all wrong with PWI, but I did not like the way they buried the earnings figures way down in their financial report and did not bring it up at all in the conference call (I wouldn't either, if I were management).

There are so many other good places to put money, and I was not comfortable with those figures.
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