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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: loantech who wrote (103723)6/22/2009 7:59:09 AM
From: Tommaso  Read Replies (1) of 110194
 
Yes, COS is by far my biggest investment. I have a lot of confidence in management and in Syncrude. I have bought it for almost everyone whose investments I manage. The dividend will go right back up with the price of crude. I guess there is always political risk that Canada (or Alberta) would seize the whole operation as a national resource, but no one is talking about doing that. When Harper destroyed the other trust operations (which didn't affect the prospects for COS that badly) there was plenty of warning for anyone who would listen--which did not include me. I have a huge loss on AOG.UN, the mututal fund composed of about 20 trusts.
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