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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: AL R who wrote (6121)3/6/1999 2:14:00 AM
From: bill  Read Replies (1) of 24892
 
I don't know if this is the correct thread to ask for advice on TRP.
I've been watching it fall steeply in price for some time. It still
does not seem to have bottomed. Yet it has one of the highest
dividends on the TSE. I've checked and according to the brokeage
reports the dividend is secure. It seems like a good buy. However,
it is being dumped. The OBV is terrible. According to the 10
year chart, the price could keep falling until it hits 15.00.
If dividend to price is an indication of market perception of risk
then there has to be some quite large built in risk that I'm
not recognizing. Can someone enlighten me?
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