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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (18877)3/24/2004 1:02:20 AM
From: James C. Mc GowanRead Replies (1) of 306849
 
Take another look, or one look at Peyto, before confusing yourself with it's similarity to traditional royalty trusts.

The wells drilled by this firm are in a region where wells drilled in the late seventies and early eighties are still producing steadily. Decline rates are actually flattening over this period. When the well is dry? When is that.

I believe you are thinking of a generic O+G trust with high payout and potential lack of ability to replenish resources without cutting distributions. That does happen.

Some people think they know what they are talking about, generically speaking.

But that's ok with me. The ignorance of the very long term value here is unknown to most. Good thing actually.

Still no response on mortgage suggestions so I give up here.
Good luck with US investments, equities, bonds and real estate.
James
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