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


To: Taikun who wrote (7780)10/5/2004 3:16:11 AM
From: Seeker of Truth  Read Replies (1) | Respond to of 11633
 
Hi Taikun,
I've been selling puts on CNQ; the calls must be able to be sold also. Denominated in Can $ of course.



To: Taikun who wrote (7780)10/5/2004 10:38:39 AM
From: Bread Upon The Water  Read Replies (1) | Respond to of 11633
 
Hi David:

Thanks for ALL that information. You have certainly given me some things to chew on. I am unfamilar with a lot of your recommendations and will have to do a little reading.

I do basically want to take the profits in ERF if I can maintain almost the same distribution with a lot less capital being tied up. I think SU has a larger upside than a lot of others as it has the oil (a lot of it) in the ground. Plus with it not being a trust I don't have to worry about the foreign ownership angle. As I understand it, it is just a matter of ramping up into a larger exraction mode so economies of scale kick in.

However, I need to check out your other recommendations and as I want to collect this month's ERF distribution there is no hurry.

I did not see the tax info you provided--thanks for that too. It will take me a while to get my head in that also.

Onward & upward.

Bill