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

To: Cogito Ergo Sum who wrote (2314)	12/20/2001 2:00:00 PM
From: sportsman	Read Replies (2) \| Respond to of 11633

Hi Kastel, There is still to much optimism concerning NG and it seems most people are ignoring the storage situation. I'm still a long term believer in NG and think there will be some good entry points early next year. The write downs and earnings warnings will hit soon on the E&P's. I have wrote off PWI, too many misstatements. AVN was able to hold their distribution steady and I would like to pick up some more. JMO Sportsman

To: Cogito Ergo Sum who wrote (2314)	12/20/2001 7:20:12 PM
From: Peter W. Panchyshyn	Read Replies (1) \| Respond to of 11633

I lightened up on PWI. I was overweight anyway in PWI compared to AVN which I was trying to keep balanced. I too will wait a while now but I'm not writing off PWI. ----------- A lot of the "traders" are dumping this one (AT REAL LOSSES). As I don't have it or follow it can't say whether dumping it or not is a good move or not, time will tell. With the fall it has had over the last few weeks. Even the traders will be hard pressed to call this a "superior return". As they say they only make from a superior strategy. Because they have choosen to REALIZE the loss. That really is about it for them. Now if in the next months to years it recovers those that stuck it out and stayed with the UNREALIZED LOSSES will fair far better. Interesting to see how it PLAYS OUT. ----------------------- ---------- Regarding that private message I got from that individual suggesting I set up a ftp site with one of my new PC's to freely distribute data regarding these trusts to the particpants here, who are interested, haven't heard back yet. Though it maybe because of the holidays approaching. As I said it would be at the very least an interesting project to undergo as I don't know too much about that aspect of computing.---------------------------------

To: Cogito Ergo Sum who wrote (2314)	12/20/2001 7:50:55 PM
From: Peter W. Panchyshyn	Read Replies (2) \| Respond to of 11633

In regards to the storage issues for natgas. You will remember that these very same issues were a major concern months ago when the price for natgas fell to under $2 . And some here like Stan and Lorne were stating that they were going to continue to fall and approach $1 and all the while the trusts were selling at such very huge losses and that was all going to hit the fan. But then what happened. Magically the price has recovered dramatically from those low levels. And now once again we are hearing the exact same things as before. Doom and Gloom . It just seems that the fallout keeps getting pushed further and further away. And in the meantime the trusts are still producing and still selling. And they are not nor have been selling at huge losses. Sure the unit have come down but accumulating and lowering ones cost base has not hurt me any at all. As I have demonstrated. And in the long term scheme of things is a non - issue. It is only an issue for the traders who think they can make big gains but who continue to show that those gains are not really occurring. Case in point the mass exodus of traders on this one at REALIZED LOSSES.