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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks
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To: Gordf who wrote (143)10/13/1998 8:30:00 PM
From: teevee  Read Replies (1) of 11633
 
Hi Gord,
1. I agree with your position on realestate trusts (I own RFN.UN).
2. I warn you now that pipelines are as vulnerable as most resource trusts. Many pipelines are moving gas from fields with less than 5 years reserves left. Pipelines are very very risky trusts.
3. I like LUS.UN over the long term because their reserves are conservatively estimated at over 80 years. Only Athabaska Oil Sands Trust has reserves that are as long lived (~60 Years).
regards,
teevee
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