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

To: Peter W. Panchyshyn who wrote (1978)	11/16/2001 6:10:15 PM
From: stan_hughes	Read Replies (1) \| Respond to of 11633

Peter Pan - You just posted that you "have been accumulating the trusts on weakness not only reducing my cost base...." etc., etc. Haven't you been telling us that the secret is to hold and never sell these trusts because the distributions will pay back your invested capital over time? And aren't you the guy who's been telling us ad nauseum that you've been in these things for years, what is it, 20 years or something, and that you've amassed multi-millions? Now I've only got an accounting degree and I may have missed something in the translation of your esteemed investment strategy, but my arithmetic indicates that any trust holder standing pat for the last 20 or even 10 years would have recovered their cost base many moons ago. In fact, holding even for only the past few years would result in a cost base below current market. Yet today you now tell us that you're averaging down here. Hmmmmmmmmmmmm. Looks like you've made a little Freudian slip. You haven't been LYING TO US all this time, have you? Take your time responding, I'm going home for the weekend and doubt I'll be wasting any quality time talking to you.