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

To: Peter W. Panchyshyn who wrote (3298)	5/11/2002 2:30:35 AM
From: bill	Read Replies (1) \| Respond to of 11633

Peter, thank you for your response. However, I asked why Pengrowth's price had fallen as much as it has. You answered by explaining your strategy for dealing with the weakness in price. I agree with your strategy. I average both up and down. However, I'd also like to know, if anyone on the thread knows, why the weakness in Pengrowth that I have not seen in some other O&G stocks. Is it simply a stock price response to falling distributions? Or, is there something more substantial that is wrong? Is there a problem with management? With reserves? Strategy (hedging, acquisitions)? If it is simply falling distributions, this may correct itself. The so-called structured trusts in the US are finding, for example, that there was a basic flaw in their strategy. The result is a drop in both price and distributions.