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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 411.93-0.4%Dec 24 4:00 PM EST

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From: energyplay11/3/2006 1:49:31 PM
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Bought some ERF and PWE today, both US listed Canroys.

ERF is a much older Canroy, has ortions, and is old enough that it may get grandfathered differently than the rest (wild speculation on my part)

Current distributions for ERF is about 9% and PWE is about 10%
Four years of this is 36% or 40% of the investment back.
Now the distributions maybe a little lower the next 2 months because of lower prices in August and September, but should rise as winter prices take effect. Longer term, energy prices should be move a little higher.

Sold some URRE, which has poped up enormously (yesterday +1.06 on a previous close of 3.50 !) on Cigar Lake Uranium News (panic ?)

Still holding URZ, which is still moving up in a reasonable way.

Trimmed a number of other holdings to buy Canroys.

The price of some Canroys right now is a GIFT, much like Gordon Brown selling Bank of England gold stocks at the low in 1999.

Our Christmas present from Canada.
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