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


To: kingfisher who wrote (471)8/25/2000 3:52:06 PM
From: LLCF  Read Replies (1) | Respond to of 11633
 
< If that's a concern, Syncrude's oil-sands trusts are the purest crude oil
plays on the market. With reserves estimated at 75 years, the trusts trade at only 60 per cent of net asset value, conservatively
estimated, meaning the unit price has room to move>

I don't get a symbol for 'Syncrude'... any idea??

DAK



To: kingfisher who wrote (471)8/27/2000 3:11:58 PM
From: Lorne Larson  Read Replies (2) | Respond to of 11633
 
Primewest (PWI.UN)

You will recall that we exchanged a few posts on the apparent CIBC Primewest/Reserve Royalty arbitrage. At that time PWI was trading at $7.80 to $8.00, and it was pretty apparent that it was only massive selling by CIBC that was keeping the price down, and that because of its 25% yield, it would start moving as soon as the Reserve Royalty take-over was finalized.

PWI now in a range of $8.60-$8.70, and likely headed to $9.00-$9.50. It was there for the picking. A person simply had to have the courage of his convictions. I bought some but I'm kicking myself for being cowardly and not buying a whole lot more. Was an easy obvious 10-12% gain over 30 days. Damn.