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


To: Cogito Ergo Sum who wrote (1582)9/27/2001 11:53:47 AM
From: Cogito Ergo Sum  Respond to of 11633
 
Hi David,

If I owned it think I'd hold, but I wouldn't be a first time buyer now.
The track record appears good as in :
APF Energy Trust is a conventional oil and gas royalty trust with production in Western Canada. Since completing its initial public offering at $10.00 per unit in December 1996, it has declared distributions of $9.45 per unit.
from biz.yahoo.com
Doubling your money in 5 years is not too shabby at all, especially considering the price of oil a few years ago.

My concern is only for the short term: I checked at Sedar sedar.com.
They have hedges on oil but the gas hedges expire soon. Of the two oil is less likely IMO to need hedges due to possible disruptions in (maybe only a perception) oil supply out of Middle East. The NG is more susceptible to a slowing economy given the state of world affairs.

regards
Kastel
a cute and cuddly Canadian