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Gold/Mining/Energy : Westrend Natural Gas - I.D.E. Hot Stock

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To: Patrick who wrote (1784)1/29/1999 2:36:00 AM
From: Dennis (Hijacked)  Read Replies (1) of 2011
 
Patrick:
To start off with, the "CSB Rate" is the interest rate on Canada Savings Bonds...government issued bonds that come out each November for the widows and elderly and CONSERVATIVE investors,....although the returns on them this past year (rate was about 4.0%) was significantly better than the return on our WRN!! It was really just a tongue-in-cheek comment.....I'm still a holder of WRN and am torn between buying more at this level or just standing pat.... if one was still of the opinion that WRN outlook is still good (and we'd be reassured with SOME news), the price here is attractive for growth... but if we don't hear anything, it makes jumping in for more a not - too - wise decision. You're right, though... it would be nice to hear SOMETHING!!
It's a good thing that I'm starting to get busy with taxes and RRSP investments (mainly into mutual fuinds). The calls have been steadily increasing over the past week, so maybe my mind will be off WRN for awhile (should hear something by April 30th one would think!).
Still, it would be nice to get more WRN now. You know what the best time to buy a bird is, eh?.....When it's CHEEP! (Gotta keep smiling.)
Regards
Dennis
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