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


To: trustmanic who wrote (3254)5/3/2002 2:49:55 PM
From: bill  Read Replies (1) | Respond to of 11633
 
Lots of warnings in the G&M and the NP about trusts.
Trusts unable to pay their stated distributions.
Some of the trusts described sound scary. The required
return is astronomical. Interesting, of course, because
the thread has been aware of this for some time. Ont
Hydro sounds like a complete cockup.



To: trustmanic who wrote (3254)5/8/2002 6:23:46 PM
From: bill  Read Replies (2) | Respond to of 11633
 
Hi George,
I see that Great Lakes Hydro is making a secondary
offering of GLH.UN at 14.00. It's a bought deal as opposed
to a best efforts basis so the brokerage houses have
full confidence in it. GLH is trading at 14.50 and this
will likely knock the stock back to the issuing price.
Do you, or any of the other threadssters have an opinion
on it? I already own some that I picked up around 12.50
and am thinking of adding some more.