Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: energyplay who wrote (7654)	9/19/2004 1:56:38 AM
From: Taikun	Respond to of 11633

Hi EP, It looks like Esprit is going the dual share class route from the getgo. They seem to have a pretty good reserve base and thus I think they could be popular in the US. I wonder if they shares may exhibit the same performance as PGFa, in appreciating over PGFb, in which case this could be a good deal, as the pink sheets are priced the same as EEE.TO. I do know, however, that non-resident holders of EEE.TO will get all the benefits of the immediate spinoff. From the NR: Thoughts? biz.yahoo.com Non-Residents Shareholders who are not resident in Canada will be eligible to receive, in exchange for each Esprit common share, 0.25 of a class A trust unit of the Trust (subject to adjustment), 0.20 of a common share of ProspEx and the cash payment of Cdn. $0.22.