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


To: Lorne Larson who wrote (391)6/17/2000 6:41:00 PM
From: David Culver  Respond to of 11633
 
Some of the non energy trust are doing pretty well as well riocan has moved up lately. The energy trust are great now as long as oil and gas remain strong.



To: Lorne Larson who wrote (391)6/18/2000 7:26:00 AM
From: Peter W. Panchyshyn  Read Replies (3) | Respond to of 11633
 
Hello all:
I have not been at this thread for some time. Since early '98. At any rate please refer to my postings at that time (reply #46 and #57). I can't believe
how well these energy trusts have performed over the past couple of years. Far exceeding my rosy forecasts. My method of accumulating these when they were so out of favor has paid off extremely well. Time I think to just hold on and collect the high yields.
I would be a little leary about the forecasts coming out now about natural gas. Its price has already more than doubled from earlier lows. (from $2 to over $4) Can it double yet again? Reminds me of when oil was at its record low of $10 a barrel. Some forecasters were calling for it to fall towards $5. Seems when people come out making these kinds of statements the market gives it head a shake and gives more thought about what the price should really be.

Peter W. Panchyshyn