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

To: Lorne Larson who wrote (1084)	6/12/2001 9:42:06 PM
From: David Culver	Respond to of 11633

One thing to consider is the tax implications of selling to often. With the return of capital almost all trust have capital gains when sold. Any current opinions of mxt.un thinking of selling since it is almost $5. and I question the management who took over

To: Lorne Larson who wrote (1084)	6/12/2001 10:27:46 PM
From: Peter W. Panchyshyn	Read Replies (2) \| Respond to of 11633

Mayer: Good point. I had never really connected the dots on the acquisition/subsequent new issue formula. Right now we have Viking in the process of a take-over of BXL, and NCF in the process of a take-over of MGY. If the formula holds we are likely to see new issues by VKR and NCF about a month after closing - which would mean near the end of July. How about taking this thinking one step further and shorting them both (after they go x-dividend for the July payment). -------------------- I don't understand you here. In the previous posting you said what the brokers (institutions) do is illegal and wrong. Stan has said that what I have done with trusts maybe quite not legal as well. His exact words to the effect were he wondered how much of what I had made was legal. Now with this as a backdrop you say in the above you had not made the connection. And now making that connection you say further someone might wish to short them. Is all of this talk of yours Fair to joe average investor? He may not be privy to what you have deduced. If you are successful are you then doing something illegal? Joe average may think so. So who is right and who is wrong? Or is it as I have said before just a matter of degree? The institutions they have so much they should be limited. I made so much already that should be enough. Now what its your turn? Well what about joe who bought the trust in question AY at $13.50? How fast you forgot about him. Fairness is an illusion with no place in the market. Just an observation!!!!!!!! ------------------------------------------------------------------------------------------------ Peter

To: Lorne Larson who wrote (1084)	6/12/2001 10:31:26 PM
From: Scott Mc	Read Replies (1) \| Respond to of 11633

I'm a holder of VKR and I would be very disappointed if they do another offering(this is not an all cash purchase and cash flow should cover the cost of borrowing). No one has mentioned what some of the trusts have done recently NCF and PVE, both made offers of cash/shares. I personally prefer this route, yes their is dilution, however there are also assets that should more than offset the dilution. Seems a much better bang for the buck. Scott RE: MXT, something is up their, I still don't like management, however something positive is in works based on share action.I'm hanging on to the rest of my shares for a little longer.