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

To: bill who wrote (1782)	11/7/2001 3:04:54 PM
From: LLCF	Read Replies (1) \| Respond to of 11633

I agree with George... this thing is going to go badly, it's just a matter of what happens to the oil and gas trusts with lower oil prices... AND does price of gas go down too??? Maybe not. DAK

To: bill who wrote (1782)	11/7/2001 8:02:49 PM
From: trustmanic	Read Replies (1) \| Respond to of 11633

Oil and Gas is a very interesting business. It depends on demand and supply...also it depends on political situation. What we see is a recession right now, but if there is a political unrest in some of the key producing countries, then you will see the price change rapidly. The depressed unit price should be look at a buying opportunity. If there is no profit, there will be no production of oil and gas, they wouldn't give it out free. Of course we will not see any dividend, but we are sure that the oil & gas is still there waiting for good time. To sell is the worst strategy.