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

To: Lorne Larson who wrote (1386)	9/10/2001 12:39:55 AM
From: trustmanic	Read Replies (1) \| Respond to of 11633

Lorne, In any case, the pipeline operator is the winner. That is why TRP is doing so well despite their loss on Nova. I wondered if the pipeline charge a fixed rate or they charged by percentage of the oil & gas price. If they charged a fixed rate, they don't care about the NG price up or down, and if they charged by percentage, the up and down would affect them. I sold my TRP @$19...what can I say. George

To: Lorne Larson who wrote (1386)	9/10/2001 1:09:06 AM
From: Peter W. Panchyshyn	Respond to of 11633

George: So now you have two explanations for the discrepancy in prices between Canada and U.S. Toowits rather concise explanation relating mainly to transportation costs, and Peter's explanation that "the discrepancy is in large part in the mind of the reader". I don't think any further comment is required -------- Lets see transportation costs add 50% to 100% to the price of the commodity. Now that is really realistic isn't it. GET REAL. You know someone with numbers and ratios can show exactly what they want to show. Too bad those numbers and ratios are just thrown in to make the numbers fit the conclusion. If the cost of transporting were so prohibitive they would not be shipped but sold and used here. And just a small pointer who pays for the cost of shipping the product in anything. Is it the producer of the product or is it the buyer of the product? You buy something from someone whose pocket does the cot of shipping fall to? Yes you got it the BUYER. The original numbers from the site in question quite clearly state that all base prices are in US$ and have been since 1999. Its nice when someone can just ignore posted data from his own reference just because it doesn't jive with his statements. Further evidence is that the price from NGX for Sept 07 was 2.52 on bloomberg and every other US financial site the price was 2.50 . One US the other CDN YEAH RIGHT. Since all prices for all commodities are standardized price in US$. A fact just plain ignored. And looking at that table of prices from NGX can anyone with a straight face say that on Sept 02 gas sold for $0.21. Thats a good buisness sell your product at a price at a tenth of the going price. Sure anybody would do that no problem. I urge all to look to the financial statements of any and all trusts, look there to see if the discrepancy is really as high as Lorne makes it out to be. Its not ,never has been, and never will be. I will wait for Lorne to show that the trusts are doing that or more importantly have ever had to do that in their history. I am sure if such were ever the case it would have surfaced from one of the longer run trusts. That it hasn't means only one thing. Until then he is just plain wrong. The ball is in your court Lorne show the numbers from the trusts themselves that prove your case. YOU CAN"T OR YOU WON"T. Both tell the same result your wrong.