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


To: Peter W. Panchyshyn who wrote (1419)9/11/2001 9:15:59 AM
From: Lorne Larson  Read Replies (3) | Respond to of 11633
 
Jeez it must be nice to be so incredibly brilliant. And don't ever again call me a liar, you complete POS. Trusts sell a large portion of their unhedged production on the Alberta spot market. I provided 2 links which indicated the September prices at Empress. I also pointed out that these prices were in Canadian dollars. You spent a large amount of time making the absurd claim that these prices were in U.S. dollars. When it became apparent that this was not true (amazing that a genius like you can make an infantile mistake like that) you than changed your approach to state that Canadian trusts never sold at the prices indicated. I don't know whether any particular trust was in the spot market on any particular day, and neither do you. I do know that the average September price at Empress so far is $2.29 Canadian, and that trusts selling at the Canadian spot, which they all do on a regular basis, are feeling the heat. That's one of the reasons they're dropping like a rock.

By the way, I see that NCF, one of your highly touted trusts, is down big-time. Possibly the worst-managed trust out there.

Just so all the cards are on the table I'm short NCF and SHN; long VKR, PVE and AY.