Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: trustmanic who wrote (2136)	12/3/2001 11:14:11 PM
From: sportsman	Read Replies (3) \| Respond to of 11633

George, I don't want to hear anymore news on PWI's hedges, the exposure increases with every release. <g> We sure need these welfare checks at Christmas time too. Sportsman

To: trustmanic who wrote (2136)	12/4/2001 10:35:23 AM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 11633

Hi George, I haven't really had a chance to look at much of anything as I'm up to my eyeballs in work and sick kids. I didn't see any new revelations though. I want to check through grayhairs numbers he posted. They sound reasonable but I want to know how to figure that stuff out myself :o) Also grayhairs 'warning' at the end of his post is probably as he says a greater concern as we may still have a ways to go before cycle bottom. The weather sure isn't cooperating. I believe November was one of our warmest on record. Still eating fresh garden salad !!!! and the AGA storage numbers are real high. regards Kastel

To: trustmanic who wrote (2136)	12/12/2001 6:37:17 PM
From: Lorne Larson	Read Replies (1) \| Respond to of 11633

I see that SHN declared a .50 dividend for December, payable in January. This is a quarterly dividend so it is equivalent to about .185/mo. Meanwhile we have PWI at .17/mo, although I expect it may drop a few pennies this month. SHN trades at $6.32 and SHN at $13.50. Both are heavily gas weighted. Something is really out of whack here - either PWI is undervalued or SHN overvalued. Or possibly they are both fairly valued because of other factors - debt, reserve life, quality of reserves, quality of management, etc. Anyone have any thoughts?