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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: A Horse With No Name who wrote (6072)6/26/2003 1:48:19 AM
From: Cogito Ergo Sum  Respond to of 11633
 
I sold all mine at 16.25. ACB was under 11. Held almost 3 years and collected dividends. It's a bet on oil staying high and the contract being extended. They a have a year left ? As you have seen the volatility can be brutal. I'd buy a Canroy likely instead but I've been wrong before :o)



To: A Horse With No Name who wrote (6072)6/26/2003 9:02:11 AM
From: sportsman  Respond to of 11633
 
bengali,
I have owned NAT several times in the past few years, but I would be very careful right now. The decision by BP to renew will be made later this year. Then, the contract is renewable each year. I view the contract renewal chances at 50%. Even with renewal, the contract overhang will be there every year and NAT will always be under pressure.
Surprising to see Primewest slash their distribution.
Good luck,
Sportsman


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