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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: energyplay who wrote (51748)7/23/2004 4:41:59 AM
From: Seeker of Truth  Read Replies (1) of 74559
 
Paramount has one big plus in my mind. If you possess the stock certificate you can buy a certain amount of new shares directly from the company at a six per cent discount. This is in addition to the DRIP which is also at a six percent discount. A definite minus is the reputation of the controlling family that they are not so good at finding new reserves. Perhaps more than most trusts the managers of PMT_u.to must hone their skills at purchasing new reserves. I have a dollop of PMT.
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