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


To: Lorne Larson who wrote (396)6/18/2000 7:38:00 PM
From: LLCF  Read Replies (1) | Respond to of 11633
 
<Along the same lines, I really like the fact that these trusts are still for the most part ignored by the analysts and the media. >

I have not watched these for too long [oil & gas trusts] but I certainly agree that is is far too early to exit these. I've been buying for a couple months, and got some nice prices on some early on, and luckily continued to by Enerplus after the merger announcement despite little movement. From what I've seen, these things have been through tough times and have really spruced up some balance sheets and are being pretty consevative in their running of the companies and their estimates... please interject if this assumption is wrong. Hence, I believe these things deserved to make the move they've already made with NO move in energy prices. I'm holding long term.

DAK