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

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To: Taikun who wrote (7663)	1/14/2005 2:48:39 AM
From: Taikun	Read Replies (1) of 11633

TOT.TO may trust... quite a run from $5.55 to $8+ since 9/20, but it was time to lighten up on this news as these strategic things can take time. Anyone else follow me? Total Energy eyes income trust, other alternatives Thu Jan 13, 2005 02:02 PM ET TORONTO, Jan 13 (Reuters) - Total Energy Services Ltd. (TOT.TO: Quote, Profile, Research) said on Thursday it will weigh its strategic alternatives, including the possibility of becoming an income trust, in a bid to enhance shareholder value. The company said it will retain accounting, financial, legal and tax advisors to help identify its alternatives. "The board of directors has not made a decision on any particular alternative and there can be no assurance that the board of directors will determine to pursue any particular transaction," the company said in a release. Shares of Total Energy were up 50 Canadian cents at C$7.06 on the Toronto Stock Exchange before being halted ahead of the news.

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