Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Jack Be Quick who wrote (21203)	5/3/1998 1:51:00 PM
From: Broken_Clock	Read Replies (2) of 95453

I agree with that logic John. I have been researcing some energy trusts. I have found a few that return 7% plus with oil prices LOW. They should do better with oil prices much higher. I would also think the unit prices would rise as investors move into them giving the early investor a dowble bonus. Several trust units are trading much cheaper than a year ago as investors have opted for the YHOO gamble. My concerns are: How does one determine the reserves and replacement of same in these trusts? How does ownership of a "unit" differ from that of a "stock"?

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