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 : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: A Horse With No Name who wrote (15547)8/4/2003 9:22:36 AM
From: austrieconomist  Respond to of 39344
 
Thanks. ERF, PVX. I do have positions in these stocks in accounts where I can invest in individual securities; however, I am constrained by the limitations of my profit sharing plan to invest only in mutual funds. Would welcome any thoughts on a good mutual fund with natural gas emphasis.



To: A Horse With No Name who wrote (15547)8/4/2003 12:53:51 PM
From: Canuck Dave  Read Replies (1) | Respond to of 39344
 
I sold my CanRoy trusts.

It's true they pay those fabo dividends, and for a while I was entranced by them. But... they are also extremely volatile and not without risk. Over the 3 months I held them, one dropped like a stone when some of its wells were "shut in", (i.e. shut down), two announced dilutive offerings (How do you think they pay those huge dividends? The balance sheets are a little wobbly), and all rode the price of oil and gas.

I made a little in the aggregate on them, but I figured I could do better than the 15% dividends on capital gains in good mining stocks (right so far, LOL).

Just my opinion.

CD