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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Scott Mc who wrote (390)6/16/2000 11:06:00 PM
From: Lorne Larson  Read Replies (2) | Respond to of 11633
 
I missed the boat on ERF.G. Stock was obviously under-valued, and this out-weighed any negative effects
of the consolidation. Even at $22.50 it still looks pretty good. At dividend of $4.50/year, is still yielding 20%, with good gas exposure and no hedging.

Heard someone tonight on the ROB T.V. program state that natural gas could double from todays prices by year-end. If that's the case ERF.G, SHN and PWI are big winners. PWI certainly deserves a look at its present price.

Anyone know whether VKR has hedged any of its production?



To: Scott Mc who wrote (390)6/21/2000 11:03:00 AM
From: Bat Man  Respond to of 11633
 
ERF.G is looking to list on the NYSE, this may be accomplished by September. If it turns out to be a good move then maybe others will follow.
Elmer A


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