SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Peter W. Panchyshyn who wrote (5672)3/15/2003 1:10:48 AM
From: LLCF  Read Replies (2) | Respond to of 11633
 
<---- Looking to the facts as per the early annual reports of PGF ,ERF, and NCF. All on my server. Going back to the mid 1980's in some cases. This statement is just completely false. >

Correction...should read: "this statement WOULD HAVE BEEN completely false". We dont' know yet do we?

Look I'm not saying they won't be able to extend or buy reserves at profitable prices... as you say, they have in the past... but....... all I"m doing is trying to make sense out of the valuation criteria. There are a lot more dry holes out there these days, what is your framework for trusts being able to add reserves as they have in the past if NG prices stay up here?

Anyway... how many years of reserves do you think Viking, Paramount really have?

DAK