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


To: Bread Upon The Water who wrote (23795)6/15/2003 3:20:58 PM
From: energyplay  Read Replies (1) | Respond to of 206161
 
Hi William - I'm not sure how much is tied to the Loonie, and how much washs out becuase prices are heavily influenced by US price. I would expect it varies from RT to RT, depending on their deals and index prices.

Right now, the huge increase in NG prices overshadows everything elese.



To: Bread Upon The Water who wrote (23795)6/15/2003 5:13:08 PM
From: whitepine  Read Replies (1) | Respond to of 206161
 
WH,

Canadian royalty trusts do not benefit from the appreciation the CDN$. I have posted before that two that I contacted confirmed that fact though many on the yahoo boards still believe a strong CDN$ is positive.

I am merely guessing, but since it has been a while since CRT's have announced bought deals or acquisitions, the prospect of such remains high. As you know, these announcements usually present buying opportunities as unit prices drop.

The attraction of RT's, IMO, is the yield spread they offer compared to most other fixed income classes. If the weather remains warm and NG prices continue to decline, the strength of the CDN$ may cause reductions in distributions and a subsequent decline in unit prices.

Good luck,
whitepine