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

To: David Culver who wrote (3036)	3/25/2002 7:51:47 AM
From: Peter W. Panchyshyn	Respond to of 11633

Comparing pengrowth and canada oilsands is comparing apples and oranges to some extent. Canada oilsands keeps a fair amount of the cash flow for investment which will substantially increase pay outs a few years from now. Pengrowth pays out all cash flow and has to issue units for investments ------------ In truth my asking for your take on making additional purchases for Pengrowth over the years on weakness periods. Was not to do a comparison of PGF to COS. To see which is BEST. But to peice together only the performance of doing such an activity (accumulating on weakness) with PGF over the years and how in your own case that would have panned out. Would you be much better ahead for PGF (itself) ??? Or would it still show that lagging performance as of late that you witness for it without accumulating on weakness?? Or would that even matter bigger picture.?? Or would getting those extra units of PGF following an accumulation strategy like mine have payed off for you. As it has for me with much more units in total and from that getting as a result more income from it that way?? As I said for my own case accumulating several tens of thousands of units still means with current monthly distributions I am still getting several thousands of $'s each month. That it is down from much greater of last year but is of little difference when talking these kinds of numbers. Then of course of the notion of that spread or gain we see with such a strategy as prices rise by the lowering of ones cost base. Like in periods we are seeing as now. Any take on that for your own case (with just PGF) would be appreciated--------------