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

To: trustmanic who wrote (1787)	11/7/2001 9:34:51 PM
From: Peter W. Panchyshyn	Read Replies (2) \| Respond to of 11633

This EIT is nut. They wanted to exchange shares with others income trust from ERF , PWI to all. I got exchange notice from all these trusts. ------------ I believe that this is the third time they have done this. Its quite the strategy. And they have had some good success with it. Instead of going the route to financing of rights or warrants or secondary issues. They bypass all of that extra cost and hassle. They are primarily a trust of trusts. Going the exchange route. Means they don't have to go get the financing first ,then buy the trusts they want on the open market. They just do an exchange. Who knows maybe they find a trust that has been beat up bad lately that people are looking to get out of. That will later take off. Case in point was they did that with LUSCAR with a previous one of these.