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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: energyplay who wrote (23760)6/15/2003 11:28:17 AM
From: Bread Upon The Water  Read Replies (2) of 206161
 
IMHO, 20-30% of the price increase in the Canadian RT's is due to appreciation of the Loonie against the dollar. Like wise the distribution amounts have INCREASED (when converted to US Money) also due to both this and good strong oil & gas prices. Therefore, yield from the trusts has not dropped proportionately in relationship to the price increase.

IF the US dollar remains weak you won't see a particularly steep slide in RT NAV. A factor that one should consider in deciding whether to hold or unload one's position--no?
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