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

To: russet who wrote (3056)	3/26/2002 1:27:11 PM
From: Bat Man	Read Replies (2) \| Respond to of 11633

Wow! Someone who stuck to the subject that is supposed to be discussed , not whether Peter did this or that. I think you're right PVE goes up from here, I do own some of them.

To: russet who wrote (3056)	3/27/2002 8:19:21 PM
From: Lorne Larson	Read Replies (1) \| Respond to of 11633

Agree on PVE. I own a chunk of this and will be buying more now. They say they're paying about $18,000 per daily boe production. It's difficult to compare prices paid for acquisitions because the quality of the asset can vary. However it would seem that this is a pretty good price compared to what trusts were paying 6-9 months ago when every trust felt they had to buy something. I think their Richland acquisition in January was also a good one. This trust was orginally weighted towards heavy oil. Their recent acquisitions give them a much better balance.