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

To: David Alon who wrote (1072)	6/12/2001 3:02:49 PM
From: stan_hughes	Read Replies (3) \| Respond to of 11633

David - "But if the price of oil stays up, you will make back your money in a matter of months. Some of these trusts are paying over 25% per annum" Undoubtedly so, but that high yield is your reward for taking all the investment risk, in this case, extreme commodity risk. Why should someone else be allowed to carve themselves into your rate of return by illegal means just because it seems "like you can afford it"? No one can afford to be cheated IMO, and it's too easy to just chalk it up to the cost of doing business. Wait until these same slimeballs next stampede for the exit with their next piece of inside information, perhaps leaving you to wonder why your units have just gone down, say 40% in value because of some other transaction they knew about that you didn't. Would we get your attention then? Kind of depends on whose ox is being gored, doesn't it? If we don't stop these kinds of practices as and when they occur, confidence in the markets is undermined and the less moral among us will begin to believe they can act with impunity. Then we will have another Bre-X, or something like it. Anyone here want to find themselves invested in another Bay-Street-and-TSE-stamp-of-approval Bre-X?