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

To: russet who wrote (2589)	2/7/2002 10:59:39 AM
From: Lorne Larson	Respond to of 11633

russett: I think there may well be trouble on the NG side over the next 3-6 months. However it is my feeling that this is now balanced by the fact that these things are seen as a bit of a safe-haven in this rather weird market, and even if distributions are again cut, a return of 7 or 8% is not too bad. I don't expect a drop of more than 5 or 10% in the price of the oil and gas royalty trusts over the next 6 months and this would to a large extent be balanced by the the distributions payable (Jeez, I'm starting to talk like Peter now!!). That's why I don't think there is a lot of money left to be made on the downside.