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

To: trustmanic who wrote (1972)	11/16/2001 10:44:43 AM
From: Braincramp	Read Replies (3) \| Respond to of 11633

Russia must have rocks in their head, They produce about 7 mil bbls per day to cut production by 500000 bbls they would receive 20 dollars for 6.5 mil bbls or 130 mil. If they don't cut they get 10 to 15 per bbl on 7 mil bbls thats 70 to 105 mil. a loss of 25 mil minimum per day. I may not be the smartest pumpkin in the patch, but it would take me about 2.5 seconds to lower production.

To: trustmanic who wrote (1972)	11/16/2001 3:55:01 PM
From: bill	Read Replies (3) \| Respond to of 11633

George, New brokeage report: PWI.UN target price 7.80. That's well above my average price. It will depend on their hedging plus the future price of oil and gas but the report indicates that they should be able to continue distributions above twenty percent. That's encouraging. You may have to buy the pumpkin pie. I'll buy the whipped cream. Kastel can chip in the tea. We'll manage. Target price for ERF.UN 29.70. These may be optomistic targets but I don't think so. One factor in our favour is that there aren't very many places to put your money if you want decent dividends. A lot of blue chips are paying under 2%. So are GICs. The situation is so critical for retirees that there is a move afoot to provide them with some financial breaks.