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

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To: TobagoJack who wrote (7730)10/1/2004 7:55:00 AM
From: Seeker of Truth  Read Replies (2) of 11633
 
Hi Jay, There are complicating issues. One guy gives you more money but we (Canadians anyway) have to share more of it with the government. Another guy gives you less instant money but the dividend keeps rising and you are free to take your capital gain with a few clicks of the mouse. And less to the government.
That said, let's look at some PE ratios.
Zar_u.to 18 no track record as a trust
pey_u.to 21
hte_u.to 21
But
STO 14
CNQ 17

The latter four have all done wonderfully. Somehow, love the DRIP of HTE_U.to as I do, STO and CNQ look like even better buys.

Incidentally all the PE's of the other trusts that I could find remind one of the tech bubble. Somebody doubtless will say that it's only cash flow that matters when we move over to resource stocks. ???
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