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Gold/Mining/Energy : TS TELECOM (www.tstelecom.com): ASPIRING TELECO -- Ignore unavailable to you. Want to Upgrade?


To: John Trudeau who wrote (1751)2/19/2003 7:00:23 PM
From: Ciao  Respond to of 1762
 
JT, my brother in law purchases some PFN a few years ago, I guess when you first started tracking it.

There website is loaded with links to a multitude of reports, so it looks like it'll take me awhile to digest it all.

I just sold my last royalty trust (CSS.UN) and believe the cycle for them is at near peak. However, it doesn't hurt to hold some for diversification. I don't know of any names, but do know mutual funds do exist that hold the income trusts.

For individual stocks, I'll have to plug XNS once again, they just announced q1 results of .07. You'll find my promo work at stockhouse.ca.

I'll get back to you on PNF.

Ciao



To: John Trudeau who wrote (1751)2/20/2003 7:18:40 PM
From: Gordo  Read Replies (2) | Respond to of 1762
 
JT,

You may wish to check out SDT.UN - it is a trust that invests solely in trusts, and the MER is probably slightly better than you would find on a mutual fund. The price on this one has been pretty stable, and the distributions are currently at 3.75 cents per month or $0.45 per year. At current prices, a little better than a 10% distribution.



To: John Trudeau who wrote (1751)2/27/2003 12:58:39 PM
From: Marcman  Read Replies (1) | Respond to of 1762
 
JT,

The supposed "cream of the crop" for diversified income trusts is Enervest (EIT.UN). I just had my retired mother buy some for income since her $$$ were all stashed in GICs and were diminshing far faster than she will!!

Likewise, I also had her purchase a mutual fund called Saxon High Income Fund, which is an income trust mutual fund with a very good track record. Minimum $5,000 investment.

Myself, I hold a few trusts but hold a LOT of Shiningbank (SHN.UN) which is 80% natural gas. I've been buying for a few years because I believed in gas as a solid commodity play. A year ago I looked like a fool, although new units just kept DRIPping in (at a low price). Today, I'm feeling much better!!!!

BTW, I picked up a small pile of T.PFN after checking it out. It's nice to have an "active" play as compared to the income trusts.

ALSO: Here's a pretty good site for income trust information: members.shaw.ca

GLTUA,
Marcman