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


To: bill who wrote (1690)10/25/2001 9:22:59 PM
From: trustmanic  Read Replies (3) | Respond to of 11633
 
Bill,
who issue this BUY recommendation. I bought some PWI yesterday. ERF pissed me off. I bought it again @$25, and
the new issue is less than $25.

George



To: bill who wrote (1690)10/25/2001 9:44:55 PM
From: Bat Man  Respond to of 11633
 
PrimeWest Energy Trust confirms cash distribution payable in November 2001
CALGARY, Oct. 18 /CNW/ - PrimeWest Energy Trust (PrimeWest) today confirmed its regular monthly cash distribution of 10 cents per trust unit and a special distribution of 7 cents per trust unit. This monthly distribution, totaling 17 cents per trust unit, will be paid on November 15, 2001, to all unitholders of record on October 31, 2001. The ex-distribution date is October 29, 2001.
With the regular and extra distributions in November, PrimeWest will have paid a total of $2.44 per trust unit during the previous 12-month period (October 2000 through September 2001), and $7.51 per trust unit since inception in October 1996.

PrimeWest also announced today the new exchange ratio for the PrimeWest Oil & Gas Corp. exchangeable shares. Effective November 15, 2001, the revised exchange ratio is 1.18648 trust units for each exchangeable share.

PrimeWest is a Calgary-based conventional oil and gas royalty trust that acquires, develops, produces and sells crude oil, natural gas, and natural gas liquids for the generation of monthly cash distributions to unitholders. Trust units of PrimeWest are traded on The Toronto Stock Exchange under the symbol "PWI.UN". Exchangeable shares of PrimeWest Oil & Gas Corp. are now listed on the TSE under the symbol "PWX".

Learn more about us at the PrimeWest Web site (primewestenergy.com).



To: bill who wrote (1690)10/26/2001 12:05:39 AM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 11633
 
Hi bill,

Not the low for the day but the price did go up after
I started back into the trusts a while back when I figured the bottom was in for NG (may be retested but at this point I don't think it matters). PWI, COS (tar sands), AVN. I started back in PWI @ 7.41 so you've got me beat on that one :o). I'm adding gradually over the next while (in case we do get a retest of NG lows and a convenient spike down). Of course the hedging of PWI and AVN mitigates that I feel from a dividend perspective. I don't have ANY of these at the lows by the way as I'm more concerned with the NG/OIL trend being up to stable than nailing a trust at the bottom. (I'm not adverse to trading a bit either but without an NG bubble on the horizon I don't see the point)

As far as interest I think the trend is down (so yes even with no 'special distribution') I'm happier with these. Lets hope we don't fall into the Japanese rut though.

regards
Kastel
a cute and cuddly Canadian