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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: quehubo who wrote (92689)10/28/2007 5:17:21 PM
From: Tommaso  Read Replies (1) of 206349
 
For once, I think Kurt Wulff may be a little too optimistic about Canadian Oil Sands Trust:

"We think that would justify a doubling of the quarterly distribution to C$0.80 a unit beginning with the declaration in October to be paid in November."

mcdep.com

I do hope, however, that he is correct. With the Canadian dollar almost at USD $1.04, that would represent an annual dividend rate of about 50% on the original investment, for U. S. shareholders who got in four years or more ago.
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