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

To: bhartley who wrote (666)	12/16/2000 4:19:24 PM
From: Braincramp	Read Replies (1) \| Respond to of 11633

First off, I would like to say that 6c didn't impress me much. However, there are a few points we should look at: 1. 77 Peters bought 90,700 shares on Friday. 2. Isn't Peters and Co. involved with latest acquisition? 3. As Peters and Co. are on the inside of this deal they would be foolish to buy shares at $ 4.20 unless they know something more then meets the eye. 4. I think that 6c is a base rate that Maximum will pay and this does not represent the latest acquisition. 5. Also don't forget that approx. 250 bbls of Maximum's original production went into the limited partnership. 6. Once Maximum has evaluated the total revenue that the latest acquisition develops, we are sure to see an increase in dividend yields. 7. If the shares again drop to around $ 3.50 then this to me would represent an excellent buying opportunity.

To: bhartley who wrote (666)	12/19/2000 8:03:39 PM
From: Lorne Larson	Read Replies (2) \| Respond to of 11633

Talked to Brian Gieni re MXT today. No problem at all in getting him on the phone and he was quite willing to talk. He stated as follows: - getting lots of flak on the .06 distribution. - concern is not on the revenue side because a lot of their production is hedged and so they have a reasonable idea of what their cash-flow will be. Concern is on the expense side; they have a 4 well drilling program in Sask, and expenses related to the Weyburn acquisition. They are doing some "deep budgeting" right now. - board meeting scheduled for Jan 17; they hope to at that point have their number-crunching done so that a announcement can be made regarding the February distribution. - I asked him why anyone would buy MXT right now instead of a oil and gas royalty trust paying a better distribution. Answer was that one could expect capital appreciation from MXT (whereas I assume he is suggesting the other trusts are fully valued). I guess it boils down to whether you want to give it another month to see what develops.