SI
SI
discoversearch

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: russet who wrote (1613)10/3/2001 10:13:44 PM
From: Peter W. Panchyshyn  Respond to of 11633
 
I've got NCF.UN but never did get any PWI. Did look at it but thought it was better to add to my current holdings at the reduced prices.

Just a note on Stan's latest post ------ '''''''''' If anyone is interested in participating in a normal discussion about energy fundamentals with knowledgable posters """""""""". What he really means to say is a more one sided discussion where you don't bring up any contradictory facts or insights because for one he won't believe you. For another he won't check to see what is or isn't really happening to verify his statements ( the case of gas production not rising because of rising prices, that was just too easy ,check the Q2 reports and see what was really happening). And further when you do come back with more and much more. Well thats its for the discussion, he's done, its over. I especially like how every article brought forward supports his case. In his own mind maybe.

Your point about him and or others talking down these trusts. Solely to try to drive down prices. So they can try to fix a mistaken position on their part. Is just shameful. Well I guess if they can't trade successfully on their own skills and due diligence. Well the next best thing is to try to convince others to do the wrong thing at the wrong time and suffer so they won't have to. Looks like not many have fallen for that trap. Your point about not sufferring because of holding on and or accumulating. While traders who have taken the wrong position at the wrong time may loose and could loose big. Is a point well made. Even with the around $18.00 I first paid for a unit in NCF.UN I am still earning about 1% a month. Thats still many times what other instruments are paying. The income is a little better for the units I bought at around $16 and $14 and now with my latest purchases at under $11 I have a little bit of a gain as well.

And again thanks for finding the articles



To: russet who wrote (1613)10/11/2001 10:55:00 PM
From: Lorne Larson  Read Replies (2) | Respond to of 11633
 
Very nice hedging program by AET.UN. Appear to have locked in a minimum of .15/mo for the rest of this year, and all of 2002. Without the hedging would have had to reduce their dividends to .10 as per posts from Tommy D on this site. Would be useful for posters to keep everyone informed as to any information they have concerning the hedge positions of the various trusts. My understanding is that SHN and ERF have no hedging in place for 2002 - at least they haven't announced anything. Last I saw VKR was hedged only to the end of this month on some of its production. PWI is hedged into mid 2002. Don't know about NCF. As I have stated before I find the price moves in this stock impossible to fathom. Sometimes wonder if there isn't major manipulation going on.

Of course hedging can be viewed as a negative if you think energy prices are going to boom in 2002.