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


To: energyplay who wrote (7793)10/5/2004 7:12:26 PM
From: Taikun  Read Replies (3) | Respond to of 11633
 
I see non-resident ownership is est. at over 60% in ERF now. Any word on how they'll deal with it?



To: energyplay who wrote (7793)10/6/2004 12:32:51 PM
From: Bread Upon The Water  Read Replies (1) | Respond to of 11633
 
Energyplay:

Thanks for your input on ERF. I am not saying it is a bad investment or anything. I think your comments are on the money.

However, I think SU will eventually surpass ERF (does 10 billion barrels of oil extractable sound off the mark?) and if I can get some of this while preserving my income (by buying APY at a much cheaper price) I think I should pull the trigger.

Thanks for pointing out to me the call options on ERF. I am considering 1 or 2 at 35 in April. Possibly SU also at the same price in March, but SU is much more volatile & pricyer too.

Cheers

Bill