Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Minefinders, MFL -- Ignore unavailable to you. Want to Upgrade?

To: Dan P who wrote (277)	7/14/2001 2:04:39 PM
From: Orwell	Respond to of 578

Well, total return is the most important thing. I.E. great dividend doesn't matter of stock price goes down. NatGas companies who were making an avg say of $6usd and are not hedged will now be finding themselves making $3.25usd. Oil has not dropped in the same way. The trick with these is to have a core holding, and a trading holding. Certain ones which are still falling will bottom out by the end of the summer--these are the trading buys. In the meantime if the trust has a good Oil Gas mix, they are still returning 20%-30% which is still good if the stock falls 15-20%. There is also the possibility of takeovers for certain ones. O&G should constitute a part of everyones portfolio, say about 10-15%. I sold out of SHN.UN as per my trading portion since they are mostly all gas and not hedged. PGF.UN looks like it is stabilizing, NCF.UN may fall a little more. AVN.UN has the biggest dividend, and looks like it is stabilizing. A non trust gas company that looks like a good buy now after its drop is Rio Alto (RAX on Toronto) O.