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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 (5581)	2/25/2003 6:42:28 PM
From: A Horse With No Name	Respond to of 11633

Peter wished you posted this yesterday. i sold PWI and bought NAE. am already down 5 percent. by the way what's your opinion on NAL oil and gas? thanks PS: i guess i also lost the dividend that would be paid tommorow. well seems like a textbook example of the point you were trying to make!!!!

To: Peter W. Panchyshyn who wrote (5581)	2/25/2003 9:46:48 PM
From: Marc Fortier	Read Replies (1) \| Respond to of 11633

Thanks for the input Peter. It's very much appreciated, I assure you. As I wrote before, I don't intend to sell. IMO, too many people base their judgment by looking in the rearview mirror. I don't say that learning what's been done earlier is not useful... Not at all. It's just that when you invest, you basically bet on what's going to happen in the future. Therefore, you should focus on looking through the windshield, don't you think? (I'm sure you do, of course.) Going forward, there are many positives working for PWI: management internalized, debt reduced, higher hedging taking place, new properties, reserves becoming economically exploitable because of higher commodity prices, etc. I don't know how it will turn out, but it should be better in the next few months. Let's be patient here.