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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (14783)	11/11/2002 2:48:29 PM
From: Tommaso	Respond to of 206094

>> NCN doesn't seem to be doing much - why ? << No reason that I can figure out. From 1998 through 2001 they have increased reserves: 120--156--189--247 bcf of gas and 19--21--33--48 mmbbls for oil. in the same period (plus 2002E)production has gone 38--49--49--67--74E mmcf/day for gas and 5436 6079 6485 9608--12500E bbls/day for oil So while declines are reported or predicted for Canada as a whole, NCN is increasing. Maybe some people who follow these things are selling NCN and shifting over to even higher-paying trusts. (PVX paying over 21%) I bet a vast majority of U.S. investors don't even know that such a thing as a Canadian royalty trust exists, and would be suspicious of it if they did know about it. After all, NCN is not a household word like Dell, eBay, or Amazon, or IBM, etc.