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

To: bill who wrote (1043)6/4/2001 10:37:57 PM
From: David Alon  Respond to of 11633
 
I wouldn't call it a hit.
I am long ARC and would buy more if it went to the down really hard.
One must remember, that it depends on the price of oil which is weaker these days.
But ARC uses hedging and they have hedged until Oct. of this year. As long as they are giving between 20-22 cents per unit, after a few months you should cover any downside which might come, UNLESS oil falls apart.


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