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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.98+1.3%Nov 28 4:00 PM EST

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To: TobagoJack who wrote (5832)4/27/2006 7:59:05 AM
From: Slagle  Read Replies (1) of 218108
 
TJ,
Very interesting audio presentation by Vermilion Director of Investor Relations at informedinvestors.com

"Largest oil producer in France" and "drilling a well east of Paris" is not the kind of thing that comes to mind with a trust. The lack of heavy oil and the low payout with the longer life reserves is good. Looks like they have a lot on the ball. Mentioned also was the modest use of equity to raise capital, less in total since 1994 than the amount of payouts since 2002, if I heard him right. And the plans to use the gains (if any) from the speculative ventures to buy more income producing property over time. Sounds very good. Following your example I bought some over a year ago and am very satisfied.
Slagle
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