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

To: Seeker of Truth who wrote (7530)	8/30/2004 11:22:51 AM
From: Tommaso	Read Replies (1) \| Respond to of 11633

I know it's a temporary situation, but something I read or heard in the last 24 hours suggested what an advantage it is to tar sands processors to have this divergence between oil and gas prices. I do hope that COS (or the syncrude project) might have the sense to hedge their gas needs for the next five years, but the probably won't. However, in the short run, profit margins on syncrude will be very high.

To: Seeker of Truth who wrote (7530)	8/31/2004 12:16:31 AM
From: Bread Upon The Water	Read Replies (1) \| Respond to of 11633

Hello Malcolm, I appreciate your comments. We can save a lot of back & forth here if you can get your hands on the article on pebble based nuclear reactors in China in the current issue of "Wired" magazine. It also gives a brief synopsis of why pebble based reactors got pushed to the side 50 years ago when nuclear power plants were in the planning stage (the US Navy wanted fuel rod reactors to propel submarines & was willing to fund the same). I may have been wrong on the date of 2020 for having 300 of them--it might be 2050. I can't confirm because I loaned the article out. Article also says these reactors produce power cheaply enough to have a net gain when the power is used to produce hydrogen. Someone with more knowledge needs to weigh in here, but the first step is for everyone interested to read the article. Bill

To: Seeker of Truth who wrote (7530)	9/4/2004 2:42:17 PM
From: Tommaso	Respond to of 11633

Malcolm, Energy Split's site claims that it is at a premium of more than 18%. The only thing that keeps me from selling it is that I cannot get long term capital gains treatment until some time early next year. Of course, who knows, maybe it is becoming a cult thing and will continue a meteoric ascent--and some very hard fundamentals support its basic value. If I did sell it, I would probably put the money right back into an array of energy trusts, losing 15% to taxes of everything above my basis. But if there is still this kind of premium early next year, it might be worth considering, since the premium is sure to vanish. Do you think they might give us the option of accepting shares rather than cash when the fund terminates? There's no such option mentioned in the prospectus.