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

To: Scott Mc who wrote (3624)	7/1/2002 10:43:39 PM
From: David Alon	Respond to of 11633

I heard the presentation, I would like to phone them tomorrow and find out when all this will occur and when the trust will trade on it's own. It is very good that management has such a large stake.

To: Scott Mc who wrote (3624)	7/1/2002 11:16:29 PM
From: Lorne Larson	Respond to of 11633

Scott: I've taken a position in POU both in my RRSP and my margin account. THe RRSP position is for the long-term, since I got rid of my AVN and am looking for a NG trust. The margin position is to see if some quick money can be made. It seems to me that the parts are going to be worth more than the whole, simply because oil and gas trusts trade at a much higher price to cash-flow ratio than E&D companies, and the trust should get the benefit of the higher ratio. Question is how much POU (as opposed to the trust) will trade at after the spin-off. If it retains most of its value (and at $3.85 cash-flow, one would hope that it will), than this one is a no-brainer. Might try and pick up a bit more tomorrow, if it's still available around $15.00.