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

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To: LLCF who wrote (5669)3/14/2003 8:01:31 PM
From: Peter W. Panchyshyn  Read Replies (1) of 11633
 
Seems like you lose > 10% per year as stock goes to zero, so real yeild is 10%?

---- Looking to the facts as per the early annual reports of PGF ,ERF, and NCF. All on my server. Going back to the mid 1980's in some cases. This statement is just completely false. These early reports show reserve lives much in line with todays. That would mean that they should not be around or their unit prices should be near zero (if not below zero seeing as how in the many case of these trusts first five years the RLI would have been used up already several years ago). That is just not the case. So in and by itself RLI is clearly not the compelling factor its been made out to be. It should be looked at in conjunction with all the others also from the annual reports. --------- As a real note to the real facts look to the cumulative payouts of PGF over its many years. From its web site well over $20 in income and with a unit price now of $14 and change. ------- And its still going strong with management looking forward to as many or more years of operation. All delivering to the unitholders that nice monthly high income. ------
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