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

To: bill who wrote (1930)	11/14/2001 9:29:19 PM
From: trustmanic	Read Replies (1) \| Respond to of 11633

Bill, This is just another cycle of cheap oil---economic recovery---rapid economic growth--high oil price. The Oil trusts will trade lower and lower and wait for another cycle. Probably nobody turn on their heater this Winter. George

To: bill who wrote (1930)	11/14/2001 10:55:33 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 11633

Hi Bill, I was thinking about them because coal still handles basically the baseload for power generation and accounts for over 50% of the total. Not looking for growth (not I'd spurn it :o) but a stable dividend producing entity. It's the gas and oil that would seem to be more susceptible to the market vagaries, and that's what I wanted to find out. That situation with Russia is certainly one to watch and the political realignment but after a certain point they will still be shooting themselves in the foot. How loyal would the US be if the Saudis decide to flood the market with cheap oil. Isn't their production cost only about 3$ ? Of course that opens up all sorts of 'politically incorrect' topics ;o) regards Kastel